The Atlantic Council held a conversation with Anders Åslund and Gary Hufbauer about their latest book, The United States Should Establish Permanent Normal Trade Relations with Russia on May 23. Anders Åslund is senior fellow and Gary Hufbauer is the Reginald Jones senior fellow at the Peterson Institute for International Economics. Ross Wilson, director of the Council’s Patriciu Eurasia Center, moderated the discussion
The Åslund/Hufbauer study presents an analysis of the current US-Russia economic relationship, provides estimates on the potential increase in US exports to Russia and potential growth of two-way trade within the WTO framework, and summarizes the implications of PNTR for US producers, Russian economic growth, and bilateral commercial relations. The discussion focused on this study and broader issues relating to the Congressional decision on granting PNTR status to Russia.