Washington, DC - March 16, 2012 - Ron Pollett, President & CEO, GE in Russia and CIS in his testimony before the United States Senate Committee on Finance fully supported establishment of permanent normal trade relations (PNTR) with Russia.
The PNTR status has been restricted by Jackson-Vanik amendment, which significantly limits US-Russia trade growth and the application of World Trade Organization (WTO) rules between the two countries.