IV 

107TH CONGRESS 

2D SESSION H. CON. RES. 482

Encouraging improved cooperation with the Russian Federation on energy 

development issues, and for other purposes. 

IN THE HOUSE OF REPRESENTATIVES 

SEPTEMBER 24, 2002

Mr. WELDON of Pennsylvania submitted the following concurrent resolution; 

which was referred to the Committee on International Relations, and in 

addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such 

provisions as fall within the jurisdiction of the committee concerned 

CONCURRENT RESOLUTION 

Encouraging improved cooperation with the Russian Federation on energy development issues, and for other purposes.

Whereas the Russian Federation, with its vast oil and gas resources, a growing and diverse number of private sector 

companies, and a renewed commitment to investment by 

international energy companies, offers a unique opportunity to provide stability to an often volatile and insecure world energy market; 

Whereas on June 6, 2002, the President granted market 

economy status to the Russian Federation; 

Whereas the granting of market economy status should promote adoption of market principles and policies by the 
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Russian Federation and assist long-term engagement and 

integration of Russia into the world economy; 

Whereas a key component of new engagement is mutual efforts to bring greater stability to world energy markets 

and to support sustained economic growth in the Russian 

Federation and the United States; 

Whereas, recognizing Russia’s progress on religious freedom, 

human rights, and a broad range of other mechanisms to 

address remaining concerns, the President has requested 

that Congress terminate application to Russia of chapter 

1 of title IV of the Trade Act of 1974 (commonly referred to as ‘‘Jackson-Vanik’’) and to authorize the extension of normal trade relations to the products of Russia; and 

Whereas both the Russian Federation and the United States 

can play a critical role in supporting regional energy development and energy transportation corridor projects: 

Now, therefore, be it

1 Resolved by the House of Representatives (the Senate 

2 concurring), That—

3 (1) it is the sense of Congress that in pro4 ceeding with this important energy dialogue, the 

5 Governments of the Russian Federation and the 

6 United States should consult widely with the govern7 ments of other independent states of the former So8 viet Union and with other interested parties to pro9 mote exchanges and to seek support from the broad10 est cross section of business and civil societies; and 

11 (2) Congress—
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1 (A) is committed to terminating the appli2 cation to Russia of chapter 1 of title IV of the 

3 Trade Act of 1974 (commonly referred to as 

4 ‘‘Jackson-Vanik’’) and to authorizing the exten5 sion of normal trade relations to the products 

6 of Russia in an appropriate and timely manner; 

7 (B) supports the actions of the Govern8 ment of the Russian Federation and the Rus9 sian Duma to reform the structure of the Rus10 sian energy sector to attract international in11 vestment into the Russian energy sectors; 

12 (C) supports the actions of the Govern13 ment of the Russian Federation and the Rus14 sian Duma to permit full implementation of en15 ergy projects on Sakhalin Island and in the 

16 Timan-Pechora region, all of which offer unique 

17 opportunities to increase world and United 

18 States supplies of petroleum; 

19 (D) encourages regulatory and investment 

20 framework in the Russian Federation to expand 

21 Russia’s oil and gas export capacities; 

22 (E) encourages Russia to work toward ac23 cession to the World Trade Organization 

24 (WTO) in a manner that promotes meaningful 
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1 market access opportunities for United States 

2 workers, businesses, and farmers; and 

3 (F) supports continued high level and sus4 tained exchanges on energy development be5 tween the Governments of the Russian Federa6 tion and the United States and between busi7 nesses in the two countries.

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