Title: A bill to withdraw normal trade relations treatment from, and apply certain provisions of title IV of the Trade Act of 1974 to, products of the Russian Federation, and for other purposes.
Policy area: Foreign Trade and International Finance

Summary:
No Most Favored Nation Trading with Russia Act
This bill withdraws normal trade relations treatment from Russia.
Additionally, the bill requires the President to encourage U.S. allies and partners to (1) consider taking similar actions; and (2) condemn, at the World Trade Organization (WTO), Russia's aggression in Ukraine.
Further, the President must direct the U.S. Permanent Representative to the WTO to seek suspension of Russia's membership in the WTO.

[Congressional Bills 117th Congress]
[From the U.S. Government Publishing Office]
[S. 3717 Placed on Calendar Senate (PCS)]

<DOC>





                                                       Calendar No. 292
117th CONGRESS
  2d Session
                                S. 3717

 To withdraw normal trade relations treatment from, and apply certain 
  provisions of title IV of the Trade Act of 1974 to, products of the 
              Russian Federation, and for other purposes.


_______________________________________________________________________


                   IN THE SENATE OF THE UNITED STATES

                             March 1, 2022

Mr. Cassidy (for himself and Mr. Brown) introduced the following bill; 
                     which was read the first time

                             March 2, 2022

            Read the second time and placed on the calendar

_______________________________________________________________________

                                 A BILL


 
 To withdraw normal trade relations treatment from, and apply certain 
  provisions of title IV of the Trade Act of 1974 to, products of the 
              Russian Federation, and for other purposes.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be known as the ``No Most Favored Nation Trading with 
Russia Act''.

SEC. 2. WITHDRAWAL OF NORMAL TRADE RELATIONS TREATMENT WITH THE RUSSIAN 
              FEDERATION.

    Notwithstanding the provisions of title I of the Russia and Moldova 
Jackson-Vanik Repeal and Sergei Magnitsky Rule of Law Accountability 
Act of 2012 (Public Law 112-208; 19 U.S.C. 2434 note) or any other 
provision of law, effective on the date of the enactment of this Act--
            (1) normal trade relations treatment shall not apply 
        pursuant to section 102 of that Act to the products of the 
        Russian Federation; and
            (2) normal trade relations treatment may thereafter be 
        extended to the products of the Russian Federation only in 
        accordance with the provisions of chapter 1 of title IV of the 
        Trade Act of 1974 (19 U.S.C. 2431 et seq.), as in effect with 
        respect to the products of the Russian Federation on the day 
        before the effective date of the accession of the Russian 
        Federation to the World Trade Organization.

SEC. 3. COOPERATION WITH UNITED STATES ALLIES AND PARTNERS.

    (a) In General.--The President shall encourage allies and partners 
of the United States--
            (1) to consider taking actions similar to the actions taken 
        under section 2, such as the withdrawal of permanent normal 
        trade relations treatment for products of the Russian 
        Federation; and
            (2) to condemn at the World Trade Organization the recent 
        aggression by the Government of the Russian Federation in 
        Ukraine.
    (b) Accountability at the WTO.--The President shall direct the 
Permanent Mission of the United States to the World Trade Organization 
to use the voice, vote, and influence of the United States at the World 
Trade Organization to seek the suspension of the membership of the 
Russian Federation in the World Trade Organization.
                                                       Calendar No. 292

117th CONGRESS

  2d Session

                                S. 3717

_______________________________________________________________________

                                 A BILL

 To withdraw normal trade relations treatment from, and apply certain 
  provisions of title IV of the Trade Act of 1974 to, products of the 
              Russian Federation, and for other purposes.

_______________________________________________________________________

                             March 2, 2022

            Read the second time and placed on the calendar