HR 1024 · In committee · last action February 5, 2025
<p><strong>US-Kazakhstan Trade Modernization Act</strong></p><p>This bill addresses trade between the United States and Kazakhstan. </p><p>Specifically, the bill authorizes the President to determine that Section 402 of the Trade Act of 1974 (commonly known as the Jackson-Vanik amendment) does not apply to Kazakhstan. The Jackson-Vanik amendment denies normal trade relations (NTR) status to some current and former nonmarket economy countries unless they comply with certain freedom-of-emigration requirements. Under a provision of this amendment, the President may extend NTR status to a country affected by the amendment by waiving the freedom-of-emigration requirements or determining that the country is not in violation of those requirements, subject to an annual review. Kazakhstan has received temporary NTR status since 1992.</p><p>Additionally, the bill authorizes the President to extend permanent NTR status to Kazakhstan.</p>
Jimmy Panetta (D-CA)
No votes recorded against this bill yet — vote coverage is a work in progress.
<p><strong>US-Kazakhstan Trade Modernization Act</strong></p><p>This bill addresses trade between the United States and Kazakhstan. </p><p>Specifically, the bill authorizes the President to determine that Section 402 of the Trade Act of 1974 (commonly known as the Jackson-Vanik amendment) does not apply to Kazakhstan. The Jackson-Vanik amendment denies normal trade relations (NTR) status to some current and former nonmarket economy countries unless they comply with certain freedom-of-emigration requirements. Under a provision of this amendment, the President may extend NTR status to a country affected by the amendment by waiving the freedom-of-emigration requirements or determining that the country is not in violation of those requirements, subject to an annual review. Kazakhstan has received temporary NTR status since 1992.</p><p>Additionally, the bill authorizes the President to extend permanent NTR status to Kazakhstan.</p>