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The Jackson-Vanik amendment : a survey

"The enactment of the so-called Jackson-Vanik amendment as part of the Trade Act of 1974 was directly a U.S. reaction to the severe restrictions the Soviet Union had placed in late 1972 on the emigration of its citizens, but was expanded in its scope to apply to all so-called 'nonmarket economy' (NME) countries. The amendment, in effect, requires compliance with its specific free-emigration criteria as a key condition for the restoration of certain benefits theretofore denied to NME countries in their economic relations with the United States. These benefits -- access to nondiscriminatory (most-favored-nation; normal-trade-relations) treatment in trade; access to U.S. government financial facilities; ability to conclude a trade agreement with the United States) -- may be extended to an NME country subject to the amendment only if the President determines that the country is not in violation of (i.e., is in full compliance with) the free-emigration criteria of the amendment, or if he waives, under specified conditions, the requirement of full compliance with the criteria. Such determinations or waivers must be renewed periodically. There are several possible actions in which the Congress can become involved legislatively with respect to the application of the Jackson-Vanik amendment: adoption of a joint resolution disapproving a relevant Executive action (renewal of a waiver, or a determination of 'no-violation' or its renewal), specific termination of the application of the Amendment to one or more countries, mostly by terminating the application of the Amendment as part of the legislation authorizing the extension of permanent NTR treatment to a country, and repeal of the Amendment." p. 2.

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  • ""The enactment of the so-called Jackson-Vanik amendment as part of the Trade Act of 1974 was directly a U.S. reaction to the severe restrictions the Soviet Union had placed in late 1972 on the emigration of its citizens, but was expanded in its scope to apply to all so-called 'nonmarket economy' (NME) countries. The amendment, in effect, requires compliance with its specific free-emigration criteria as a key condition for the restoration of certain benefits theretofore denied to NME countries in their economic relations with the United States. These benefits -- access to nondiscriminatory (most-favored-nation; normal-trade-relations) treatment in trade; access to U.S. government financial facilities; ability to conclude a trade agreement with the United States) -- may be extended to an NME country subject to the amendment only if the President determines that the country is not in violation of (i.e., is in full compliance with) the free-emigration criteria of the amendment, or if he waives, under specified conditions, the requirement of full compliance with the criteria. Such determinations or waivers must be renewed periodically. There are several possible actions in which the Congress can become involved legislatively with respect to the application of the Jackson-Vanik amendment: adoption of a joint resolution disapproving a relevant Executive action (renewal of a waiver, or a determination of 'no-violation' or its renewal), specific termination of the application of the Amendment to one or more countries, mostly by terminating the application of the Amendment as part of the legislation authorizing the extension of permanent NTR treatment to a country, and repeal of the Amendment." p. 2."@en
  • "The enactment of the so-called Jackson-Vanik amendment as part of the Trade Act of 1974 was directly a U.S. reaction to the severe restrictions the Soviet Union had placed in late 1972 on the emigration of its citizens, but was expanded in its scope to apply to all so-called nonmarket economy (NME) countries. The amendment, in effect, requires compliance with its specific free-emigration criteria as a key condition for the restoration of certain benefits theretofore denied to NME countries in their economic relations with the United States. These benefits access to nondiscriminatory (most-favored-nation; normal-trade-relations) treatment in trade; access to U.S. government financial facilities; ability to conclude a trade agreement with the United States) may be extended to an NME country subject to the amendment only if the President determines that the country is not in violation of (i.e., is in full compliance with) the free-emigration criteria of the amendment, or if he waives, under specified conditions, the requirement of full compliance with the criteria. Such determinations or waivers must be renewed periodically."@en

http://schema.org/name

  • "The Jackson-Vanik amendment : a survey"@en
  • "The Jackson-Vanik Amendment: A Survey"@en
  • "The Jackson-Vanik Amendment a survey"@en
  • "The Jackson-Vanik amendment : a brief survey"@en