Canceling Jackson-Venik Amendment for Azerbaijan to Expand Visit Map in Joining WTO: Expert
Azerbaijan, Baku, 30 January / Trend / Canceling Jackson-Venik Amendment for Azerbaijan will be a fair step by the USA towards a young independent republic. The amendment was unfairly implemented with regards to independent Azerbaijan as part of former USSR, which formerly presented obstacles in the way of European emigration. Today, the Israeli organizations of the whole world make efforts to support Azerbaijan's position in canceling Jackson-Venik Amendment.
From the economic point of view, proposals to cancel Jackson-Venik Amendment mean that the USA accepts Azerbaijan as a serious partner for energy security at a worldwide level. Canceling this Amendment will support visit map in Azerbaijan's entrance to the World Trade Organization (WTO).
Possibly Azerbaijan will be accepted as a country with market economy and will be presented the favorable trade regime. In this case, Azerbaijani commodities exported to the USA will not sustain discrimination tariffs and taxes. The rates of antidumping tariffs for the commodities from the countries with non-market economy make up 40-120% while the average rates for all antidumping tariffs of the USA do not exceed 40%.
The law drafts canceling the Jackson-Venik Amendment for Azerbaijan and Kazakhstan were presented to the discussions in the US House of Lords on 29 January. The laws were initiated by the Senator from Indiana State, Dick Lugar, Lenta.ru reports. The law drafts, which have been placed on Lugar's official web-site, say that after completion of the cold war, both Azerbaijan and Kazakhstan did all the best to ensure the rights for emigration.
According to Lugar, canceling Jackson-Venik Amendment, which imposes limitations on the trade of the USA with the countries relating to the Amendment, will assist Azerbaijan and Kazakhstan in moving towards the way of democratic transformations and serve stabilization of the situation in the region.
Jackson-Venik Amendment, implemented in 1974, prevented establishment of normal trade relations between the USA and USSR, ensuring freedom of emigration.
The Amendment is still in force with regards to Russia. It has been cancelled for several former USSR countries, especially Ukraine.
(Ellada Khankishiyeva, expert of Trend Analytic Center)