Russian trade bill gets stuck

Wednesday, 1 August 2012
The Hill

Congress will not move a bill that would normalize trade ties with Russia before leaving for a five-week recess, business sources said Wednesday.

... The Senate bill is broader and could be applied to human-rights violators outside of Russia.

Sen. Ben Cardin (D-Md.), the author of the Magnitsky bill, said Tuesday that talks were ongoing and that he thought the House was leaning toward accepting the Senate version, despite opposition from some business groups.

The National Foreign Trade Council that has argued that there could be global repercussions over the bill.

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