
At a reception in Washington dedicated to the "C5+1" summit, US Senator Jim Risch announced that, together with his colleague Steve Daines, he had presented a bill to the foreign ministers of the Central Asian states to repeal the Jackson-Vanik amendment. The Jackson-Vanik amendment, adopted in the US in 1974, envisaged prohibiting trade privileges to countries that restricted emigration.
This amendment was mainly aimed at the former Soviet Union. Despite the fact that more than 30 years have passed since the Central Asian states gained independence, these restrictions continue to hinder trade, investment, and cooperation.
According to Risch, removing these restrictions "will pave the way for expanding economic cooperation" and allow for the development of a partnership between the United States and Central Asia based on shared strategic interests. He reminded that the region is located in a "complex neighborhood," that is, between a rising China and a destabilizing Russia.
According to the senator, the presence of a "willing partner" like the US will help the Central Asian states independently determine their own future. "On the tenth anniversary of the diplomatic platform 'C5+1,' it is truly timely that we are launching a new era of cooperation between our countries," said Risch.
This initiative will serve not only the US's economic interests but will also support economic growth abroad and open new markets for American business. In addition, according to the senator, deeper trade relations will strengthen regional stability and help the Central Asian states diversify their economic opportunities.
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