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Uzbekistan Normalized Trade Act
12/21/2024, 9:05 AM
Summary of Bill HR 1755
The Uzbekistan Normalized Trade Act, also known as Bill 118 hr 1755, is a piece of legislation introduced in the US Congress with the aim of normalizing trade relations between the United States and Uzbekistan. The bill seeks to promote economic growth and development in both countries by removing barriers to trade and investment.
Specifically, the Uzbekistan Normalized Trade Act would grant Uzbekistan permanent normal trade relations (PNTR) status, which would allow for the establishment of a more stable and predictable trading relationship between the two countries. This would involve the elimination of tariffs and other trade barriers that currently hinder the flow of goods and services between the US and Uzbekistan.
Supporters of the bill argue that normalizing trade relations with Uzbekistan would not only benefit American businesses by opening up new markets for their products, but also help promote economic and political reforms in Uzbekistan. By increasing trade and investment, the bill aims to strengthen the bilateral relationship between the two countries and promote stability and prosperity in the region. Opponents of the bill, however, have raised concerns about human rights abuses and lack of democratic reforms in Uzbekistan. They argue that granting PNTR status to Uzbekistan could be seen as condoning these violations and undermine efforts to promote human rights and democracy in the country. Overall, the Uzbekistan Normalized Trade Act is a complex piece of legislation that seeks to balance economic interests with human rights concerns. It remains to be seen how the bill will progress through Congress and what impact it will have on US-Uzbekistan relations in the future.
Specifically, the Uzbekistan Normalized Trade Act would grant Uzbekistan permanent normal trade relations (PNTR) status, which would allow for the establishment of a more stable and predictable trading relationship between the two countries. This would involve the elimination of tariffs and other trade barriers that currently hinder the flow of goods and services between the US and Uzbekistan.
Supporters of the bill argue that normalizing trade relations with Uzbekistan would not only benefit American businesses by opening up new markets for their products, but also help promote economic and political reforms in Uzbekistan. By increasing trade and investment, the bill aims to strengthen the bilateral relationship between the two countries and promote stability and prosperity in the region. Opponents of the bill, however, have raised concerns about human rights abuses and lack of democratic reforms in Uzbekistan. They argue that granting PNTR status to Uzbekistan could be seen as condoning these violations and undermine efforts to promote human rights and democracy in the country. Overall, the Uzbekistan Normalized Trade Act is a complex piece of legislation that seeks to balance economic interests with human rights concerns. It remains to be seen how the bill will progress through Congress and what impact it will have on US-Uzbekistan relations in the future.
Congressional Summary of HR 1755
Uzbekistan Normalized Trade Act
This bill authorizes the President to extend nondiscriminatory treatment (i.e., normal trade relations treatment) to products of Uzbekistan. The bill shall take effect on the date on which the President certifies to Congress that Uzbekistan has acceded to the Marrakesh Agreement Establishing the World Trade Organization (WTO) and is a WTO member.
Read the Full Bill
Current Status of Bill HR 1755
Bill HR 1755 is currently in the status of Bill Introduced since March 23, 2023. Bill HR 1755 was introduced during Congress 118 and was introduced to the House on March 23, 2023. Bill HR 1755's most recent activity was Referred to the Subcommittee on Trade. as of December 17, 2024
Bipartisan Support of Bill HR 1755
Total Number of Sponsors
2Democrat Sponsors
0Republican Sponsors
2Unaffiliated Sponsors
0Total Number of Cosponsors
16Democrat Cosponsors
6Republican Cosponsors
10Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill HR 1755
Primary Policy Focus
Foreign Trade and International FinancePotential Impact Areas
- Asia
- Normal trade relations, most-favored-nation treatment
- Uzbekistan
Alternate Title(s) of Bill HR 1755
Uzbekistan Normalized Trade Act
Uzbekistan Normalized Trade Act
To authorize the extension of nondiscriminatory treatment (normal trade relations treatment) to products of Uzbekistan.
Comments
Sponsors and Cosponsors of HR 1755
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