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Opening Russia

March 29th, 2012

by and

This piece was originally posted on The Huffington Post.

The World Trade Organization currently has 153 members, ranging from the United States and China, to Uruguay and Ukraine. The WTO is not an exclusive club. Venezuela, run by America-hating strongman Hugo Chavez, is a member. And plenty of other WTO countries have kings, presidents-for-life or juntas that are not making names for themselves as statesmen or democrats. Still, despite its varied membership, the WTO does play a vital role in opening markets and enforcing rules against unfair trade.

This summer, Russia will become the WTO’s newest member. Congress will have no say in the matter. But Russia’s WTO accession will nevertheless pose a quandary for Congress and for American exports. Current U.S. law would put American companies at a real disadvantage in exporting to Russia once it joins the WTO. Unless Congress acts to change the law, as President Obama and Congressional leaders have urged, American jobs in companies doing business with Russia — and the potential for tens of thousands more — will be at risk.
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