Section 1 Short title
This Act may be known as the “No Most Favored Nation Trading with Russia Act”.
No Most Favored Nation Trading with Russia Act
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.
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—
normal trade relations treatment shall not apply pursuant to section 102 of that Act to the products of the Russian Federation; and
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
In general— The President shall encourage allies and partners of the United States—
to consider taking similar actions such as the withdrawal of permanent normal trade relations treatment for products of the Russian Federation; and
to condemn the Russian Federation’s recent aggression in Ukraine at the World Trade Organization (WTO).
Accountability at the WTO— The President shall direct the U.S. Permanent Mission to the World Trade Organization to use the voice, vote, and influence of the United States at the WTO to seek the suspension of the Russian Federation’s membership in the WTO.