Roskam Highlights Illinois Impact of Permanent Normal Trade Relations with Russia

From the office of Rep. Peter Roskam (R, Illinois 6th District)…

Washington, DC—Congressman Peter Roskam (IL-06) spoke on the House floor this morning in favor of H.R. 6156, the “Russia and Moldova Jackson-Vanik Repeal Act of 2012,” which will create greater export opportunities for Illinois manufacturers and business owners, by expanding the marketplace to include Russia and Moldova. The bill was passed with a vote of 365-43.

“Madam Speaker, a couple months ago, I picked up the phone and I’m talking to one of your constituent companies in Naperville, Illinois. And it’s a company that you’ve represented well for the past 14 years, and I was talking to the manufacturer, talking about Russian PNTR and I posed a simple question: ‘How much business are you doing now, and what kind of business would you be able to do in Russia if we normalize the trade relationships?’ Without batting an eye he said, ‘Currently, Congressman, we do $15 million worth of exports into Russia. If Congress changes this and we regularize the status, that number overnight would jump to $30 million.’

“Now, the state of Illinois currently is one of the largest states as it relates to exports to Russia. $700 million worth of business, Madam Speaker, coming out of our home state. So we’ve got a chance today to do something great. And to do something great is to allow worldwide American companies to get a sure footing in a growing marketplace that’s only going to get bigger, and to do it in a thoughtful way. This helps to meet President Obama’s goal of doubling exports in five years. This is inextricably linked to that goal. And this is an opportunity for us to create jobs where we want to create them, that is here at home exporting into markets abroad.”

About Warner Todd Huston

Warner Todd Huston is a Chicago-based freelance writer, has been writing opinion editorials and social criticism since early 2001 and is featured on many websites such as Andrew Breitbart's, and all Breitbart News' other sites,,, and many, many others. Additionally, he has been a frequent guest on talk-radio programs across the country to discuss his opinion editorials and current events as well as appearing on TV networks such as CNN, Fox News, Fox Business Network, and various Chicago-based news programs. He has also written for several history magazines and appears in the book "Americans on Politics, Policy and Pop Culture" which can be purchased on He is also the owner and operator of Feel free to contact him with any comments or questions : EMAIL Warner Todd Huston and follow him on Twitter, on Google Plus , and Facebook.
This entry was posted in Budget, Business, Capitalism, Congress, Economy, GOP, House of Representatives, Jobs, Peter Roskam, Regulations, Republicans, Russia, Taxes and tagged , , , , , . Bookmark the permalink.

Comments are closed.