Latest Jackson-Vanik amendment News & Updates

Lawmakers Push for Repeal of Outdated Cold War-Era Trade Restriction

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Washington, Feb 12 (IANS) Lawmakers urged the State Department to back the repeal of the Cold War-era Jackson-Vanik amendment for Central Asian nations, arguing that the outdated provision hampers US investment and undercuts strategic competition with Russia and China. During a House subcommittee hearing on South and Central Asia, Democratic Rep. Ami Bera pressed Assistant Secretary of State for South and Central Asian Affairs Paul Kapur to support legislative efforts to remove the trade restric…