Baku hopes for early cancellation of discriminative Jackson-Vanick amendment

Azerbaijan’s Foreign Ministry hopes that the future debates in the US Congress on cancellation of the discriminative Jackson-Vanick amendment will end successfully.

According to spokesman for Azerbaijan’s Foreign Ministry Elkhan Polukhov, this amendment had no real impact on US-Azerbaijani relations, but its existence has moral significance.

'Official Baku hopes that as a result of future debates in the US Congress, this discriminative and outdated Jackson-Vanick amendment will ultimately be canceled', Polukhov said.

The US administration had agreed with the Congress to open debates on cancellation of the discriminative Jackson-Vanick amendment for several CIS countries, including Azerbaijan.

The amendment that was passed in the US Congress in 1974  restricted trade with the USSR.

The amendment was caused by the lack of freedom of emigration in the Soviet Union. The amendment is still officially valid towards the former USSR states. Since 1989, the United States have been imposing a moratorium on the amendment, but the Congress has not officially cancelled it.

The amendment is also in place for Vietnam, Armenia, Azerbaijan, Belarus, Kazakhstan, Tajikistan, Turkmenistan, Uzbekistan and Moldova. In 2000, the amendment was annulled for China. In the same period, restrictions in trade were lifted for Georgia, Kyrgyzstan and Albania. In 2006, the amendment was also cancelled towards Ukraine.

1news.az

Related articles

Editor's choice
News
Borrell tells the European Parliament that the situation in Afghanistan was critical, but the EU will remain engaged

Borrell tells the European Parliament that the situation in Afghanistan was critical, but the EU will remain engaged

Borrell underlined that the European Union will make every effort to support the peace process and to remain a committed partner to the Afghan people. "Of course, we will have to take into account the evolving situation, but disengagement is not an option.  We are clear on that: there is no alternative to a negotiated political settlement, through inclusive peace talks.
Editor's choice
News
Luhansk the first Ukrainian region fully occupied by Russia

Luhansk the first Ukrainian region fully occupied by Russia

A Russia-appointed official in Ukraine’s occupied Luhansk region was quoted by AP on Monday saying that Moscow’s forces have overrun all of it, one of four regions Russia annexed from Ukraine in September 2022. If confirmed, it would make Luhansk the first Ukrainian region fully occupied by Russia after more than three years of war with international peace efforts led by the US failing to make progress on halting the fighting. Russian President Vladimir Putin has effectively rejected a ceasefire and hasn’t budged from his demands, which include Moscow’s control over the four illegally annexed regions. 

Popular

Editor's choice
News
Luhansk the first Ukrainian region fully occupied by Russia

Luhansk the first Ukrainian region fully occupied by Russia

A Russia-appointed official in Ukraine’s occupied Luhansk region was quoted by AP on Monday saying that Moscow’s forces have overrun all of it, one of four regions Russia annexed from Ukraine in September 2022. If confirmed, it would make Luhansk the first Ukrainian region fully occupied by Russia after more than three years of war with international peace efforts led by the US failing to make progress on halting the fighting. Russian President Vladimir Putin has effectively rejected a ceasefire and hasn’t budged from his demands, which include Moscow’s control over the four illegally annexed regions.