Moldova should be exempted from Jackson-Vanik amendment, statement
Experts participating in a Commission on Security and Cooperation in Europe briefing in Washington stated that Moldova should be exempted from the Jackson-Vanik amendment to allow for normal trade relations with the United States, informs Radio Free Europe/Radio Liberty.
“Matthew Rojansky of the Carnegie Endowment for International Peace said that, although Moldova has been a member of the World Trade Organization (WTO) since 2001, it receives only temporary exemption from Jackson-Vanik on a yearly basis,” writes RFE/RL.
The former head of the OSCE's Mission to Moldova, Mr. William Hill, said that repealing Jackson-Vanik for Moldova is long overdue. He states that focusing on Moldova’s record in the past few decades and the recent developments in particular.
The Jackson-Vanik amendment was enacted in 1974. It was supposed to affect U.S. trade relations with former Communist countries that restricted freedom of emigration and other human rights. US Vice President Joe Biden urged in 2011 that the law be repealed.