Categorized | CPA, Trade

On Russia Free Trade Issue, Big Business Interests Run Against Domestic Manufacturers


Reposted from Manufacturing & Technology News


On Russia Free Trade Issue, Big Business Interests Run Against Domestic Manufacturers

Richard McCormack | July 6, 2012 | M&T News

A group representing domestic manufacturing companies does not agree with almost all of the country’s major manufacturing and business trade associations on whether the U.S. government should grant Russia with Permanent Normal Trade Relations (PNTR). The Coalition for a Prosperous America (CPA), which represents domestic producers, says allowing PNTR with Russia would be a grave mistake. But that sentiment is not shared by President Obama’s Export Council, headed by Jim McNerney, CEO of Boeing. Nor is it shared by organizations representing large multinational companies, such as the U.S. Chamber of Commerce, the Business Roundtable, the Association of Equipment Suppliers, the U.S.-Russia Business Council (with members such as DuPont, KPMG, GE, GM, Google, J&J, Xerox and Oracle), the Coalition for U.S.-Russia Trade (with 160 members including Caterpillar, International Paper, Alcoa, Ford, JP Morgan and Microsoft), and the National Association of Manufacturers, among others.

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