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Russia Trade Sanctions

17 posts

Two Views on What To Do about Russia at the WTO

Jim Bacchus, writing in the WSJ, is pushing for expulsion: No specific WTO provision relates to expelling a member. Expulsion would be possible under Article X of the WTO agreement, however, if two-thirds of the WTO’s current 164 members vote to alter the agreement. If Russia were to refuse

Senator Wyden's “No Most Favored Nation Trading With Russia Act”

Senate Finance Committee Chair Ron Wyden (D-OR) has introduced the No Most Favored Nation Trading with Russia Act. According to the press release, the bill "revokes Russia’s Permanent Normal Trade Relations (PNTR) status and provides the president the power to raise tariffs on a host of Russian products.

The Portman/Cardin Russia (and Others) NTR Withdrawal Trade Bill

Following up on Senator Portman's speech discussed here, Senators Portman and Cardin have introduced bipartisan legislation "to revoke free trade privileges from Russia and other countries that invade sovereign nations." They explain that "[t]he No Trading with Invaders Act would automatically revoke Permanent Normal

Senator Rob Portman on Russia and the WTO

This is from a speech by Senator (and former U.S. Trade Rep.) Rob Portman: I believe we should also target Russia's trade sector by revoking our Permanent Normal Trade Relationship, or PNTR, with Russia. In other words, the United States should no longer give Russia unrestricted access

Guest Post: Russia’s Invasion of Ukraine and Global Trade: It’s More Than Just Oil and Natural Gas

This is a guest post from Chaturbhuj (a law student at National Law University, Jodhpur, India) and Hridyanand Ojha (a law student at Institute of Law, Nirma University, Ahmedabad, India) Introduction The Russian invasion of Ukraine has triggered Europe’s largest land conflict since 1945. This conflict presents a severe

Guest Post: Make Russia a Trade Pariah: Deny it Normal Trade Relations

This is a guest post from GW professor Susan Ariel Aaronson Policymakers around the world are searching for ways to punish Russian leaders for their aggression in Ukraine. Generally, they have relied on economic and financial sanctions, but sanctions are an imperfect tool. While sanctions can be effective at punishing

Congressmen Blumenauer and Doggett Introduce Legislation To "End 'Favored Nation' Trade Relations with Russia, Bar Russia From WTO"

U.S. Representatives Earl Blumenauer and Lloyd Doggett are introducing legislation to "end Permanent Normal Trade Relations (PNTR) with the Russian Federation and to initiate a process to formally deny Russia access to the World Trade Organization (WTO), following its unprovoked invasion of Ukraine." The legislation is here.