Bills on Cancellation of the Jackson-Vanik Trade Restrictions for Baku and Astana Passed to US Senate
On 29 January a cancellation of the Jackson-Vanik restrictive foreign trade bill for Azerbaijan and Kazakhstan was passed to the US Senate, the Secretariat of the House said.
These documents envisage the establishment of a normal foreign trade regime with these two countries. They were submitted in the form of draft laws enabling the US President to cancel the Jackson-Vanik bill for Azerbaijan and Kazakhstan, and apply a 'non-discriminated regime (normal trade relations regime) for goods from these countries.
The cancellation of this bill will be effective on the date to be determined by the President for the application of non-discriminated regime. / RIA Novosti