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Permanent Normal Trade Relations
The status of permanent normal trade relations (PNTR) is a legal designation in the United States for free trade with a foreign state. The designation was changed from ''most favored nation'' (MFN) to ''normal trade relations'' by Section 5003 of the Internal Revenue Service Restructuring and Reform Act of 1998. ''Permanent'' was added to ''normal trade relations'' some time later. In international trade, MFN status (or treatment) is awarded by one country to another. It means that the receiving nation will be granted all trade advantages, such as low tariffs, that any other country also receives. Thus, a country with MFN status will not be discriminated against and will not be treated worse than any other country with MFN status. Applicability Granting of permanent normal trade relations status is automatic, except where specifically denied by law. Embargoes also apply to additional parties; see United States embargoes. History In 1948, the United States joined the General Ag ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Free Trade
Free trade is a trade policy that does not restrict imports or exports. In government, free trade is predominantly advocated by political parties that hold Economic liberalism, economically liberal positions, while economic nationalist political parties generally support protectionism, the opposite of free trade. Most nations are today members of the World Trade Organization multilateral trade agreements. States can unilaterally reduce regulations and duties on imports and exports, as well as form bilateral and multilateral free trade agreements. Free trade areas between groups of countries, such as the European Economic Area and the Mercosur open markets, establish a free trade zone among members while creating a protectionist barrier between that free trade area and the rest of the world. Most governments still impose some protectionist policies that are intended to support local employment, such as applying tariffs to imports or Subsidy, subsidies to exports. Governments may ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Jackson–Vanik Amendment
The Jackson–Vanik amendment to the Trade Act of 1974 is a 1974 provision in United States federal law intended to affect U.S. trade relations with countries with non-market economies (originally, countries of the Soviet Bloc) that restrict freedom of Jewish emigration and other human rights. The amendment is contained in the Trade Act of 1974 which passed both houses of the United States Congress unanimously, and was signed by President Gerald Ford into law, with the adopted amendment, on January 3, 1975. Over time, a number of countries were granted conditional normal trade relations subject to annual review, and a number of countries were liberated from the amendment. On December 14, 2012, President Barack Obama signed the Magnitsky Act (formally titled the Russia and Moldova Jackson–Vanik Repeal and Sergei Magnitsky Rule of Law Accountability Act of 2012) that repealed the application of the Jackson–Vanik amendment to Russia and gave normal US trade relations to Russia a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mongolia
Mongolia is a landlocked country in East Asia, bordered by Russia to the north and China to the south and southeast. It covers an area of , with a population of 3.5 million, making it the world's List of countries and dependencies by population density, most sparsely populated sovereign state. Mongolia is the world's largest landlocked country that does not border an Endorheic basin, inland sea, and much of its area is covered by grassy steppe, with mountains to the north and west and the Gobi Desert to the south. Ulaanbaatar, the capital and List of cities in Mongolia, largest city, is home to roughly half of the country's population. The territory of modern-day Mongolia has been ruled by various nomadic empires, including the Xiongnu, the Xianbei, the Rouran, the First Turkic Khaganate, the Second Turkic Khaganate, the Uyghur Khaganate and others. In 1206, Genghis Khan founded the Mongol Empire, which became the largest List of largest empires, contiguous land empire i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lithuania
Lithuania, officially the Republic of Lithuania, is a country in the Baltic region of Europe. It is one of three Baltic states and lies on the eastern shore of the Baltic Sea, bordered by Latvia to the north, Belarus to the east and south, Poland to the south, and the Russian exclave, semi-exclave of Kaliningrad Oblast to the southwest, with a Maritime boundary, maritime border with Sweden to the west. Lithuania covers an area of , with a population of 2.89 million. Its capital and largest city is Vilnius; other major cities include Kaunas, Klaipėda, Šiauliai and Panevėžys. Lithuanians who are the titular nation and form the majority of the country's population, belong to the ethnolinguistic group of Balts and speak Lithuanian language, Lithuanian. For millennia, the southeastern shores of the Baltic Sea were inhabited by various Balts, Baltic tribes. In the 1230s, Lithuanian lands were united for the first time by Mindaugas, who formed the Kingdom of Lithuania on 6 July ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Latvia
Latvia, officially the Republic of Latvia, is a country in the Baltic region of Northern Europe. It is one of the three Baltic states, along with Estonia to the north and Lithuania to the south. It borders Russia to the east and Belarus to the southeast, and shares a Maritime boundary, maritime border with Sweden to the west. Latvia covers an area of , with a population of 1.9million. The country has a Temperate climate, temperate seasonal climate. Its capital and List of cities and towns in Latvia, largest city is Riga. Latvians, who are the titular nation and comprise 65.5% of the country's population, belong to the ethnolinguistic group of the Balts and speak Latvian language, Latvian. Russians in Latvia, Russians are the most prominent minority in the country, at almost a quarter of the population; 37.7% of the population speak Russian language, Russian as their native tongue. After centuries of State of the Teutonic Order, Teutonic, Swedish Livonia, Swedish, Inflanty Voi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Estonia
Estonia, officially the Republic of Estonia, is a country in Northern Europe. It is bordered to the north by the Gulf of Finland across from Finland, to the west by the Baltic Sea across from Sweden, to the south by Latvia, and to the east by Russia. The territory of Estonia consists of the mainland, the larger islands of Saaremaa and Hiiumaa, and over 2,300 other islands and islets on the east coast of the Baltic Sea. Its capital Tallinn and Tartu are the two largest List of cities and towns in Estonia, urban areas. The Estonian language is the official language and the first language of the Estonians, majority of its population of nearly 1.4 million. Estonia is one of the least populous members of the European Union and NATO. Present-day Estonia has been inhabited since at least 9,000 BC. The Ancient Estonia#Early Middle Ages, medieval indigenous population of Estonia was one of the last pagan civilisations in Europe to adopt Christianity following the Northern Crusades in the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cambodia
Cambodia, officially the Kingdom of Cambodia, is a country in Southeast Asia on the Mainland Southeast Asia, Indochinese Peninsula. It is bordered by Thailand to the northwest, Laos to the north, and Vietnam to the east, and has a coastline along the Gulf of Thailand in the southwest. It spans an area of , dominated by a low-lying plain and the confluence of the Mekong river and Tonlé Sap, Southeast Asia's largest lake. It is dominated by a tropical climate and is rich in biodiversity. Cambodia has a population of about 17 million people, the majority of which are ethnically Khmer people, Khmer. Its capital and most populous city is Phnom Penh, followed by Siem Reap and Battambang. In 802 AD, Jayavarman II declared himself king, uniting the warring Khmer princes of Chenla Kingdom, Chenla under the name "Kambuja".Chandler, David P. (1992) ''History of Cambodia''. Boulder, CO: Westview Press, . This marked the beginning of the Khmer Empire. The Indianised kingdom facilitated ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bulgaria
Bulgaria, officially the Republic of Bulgaria, is a country in Southeast Europe. It is situated on the eastern portion of the Balkans directly south of the Danube river and west of the Black Sea. Bulgaria is bordered by Greece and Turkey to the south, Serbia and North Macedonia to the west, and Romania to the north. It covers a territory of and is the tenth largest within the European Union and the List of European countries by area, sixteenth-largest country in Europe by area. Sofia is the nation's capital and List of cities and towns in Bulgaria, largest city; other major cities include Burgas, Plovdiv, and Varna, Bulgaria, Varna. One of the earliest societies in the lands of modern-day Bulgaria was the Karanovo culture (6,500 BC). In the 6th to 3rd century BC, the region was a battleground for ancient Thracians, Persians, Celts and Ancient Macedonians, Macedonians; stability came when the Roman Empire conquered the region in AD 45. After the Roman state splintered, trib ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Albania
Albania ( ; or ), officially the Republic of Albania (), is a country in Southeast Europe. It is located in the Balkans, on the Adriatic Sea, Adriatic and Ionian Seas within the Mediterranean Sea, and shares land borders with Montenegro to the northwest, Kosovo to the northeast, North Macedonia to the east and Greece to the south. With an area of , it has a varied range of climatic, geological, hydrological and morphological conditions. Albania's landscapes range from rugged snow-capped mountains in the Accursed Mountains, Albanian Alps and the Korab, Central Mountain Range, Albania#Skanderbeg Mountains, Skanderbeg, Pindus and Ceraunian Mountains, to fertile lowland plains extending from the Albanian Adriatic Sea Coast, Adriatic and Albanian Ionian Sea Coast, Ionian seacoasts. Tirana is the capital and largest city in the country, followed by Durrës, Vlorë, and Shkodër. Albania was inhabited by several List of Illyrian peoples and tribes, Illyrian tribes, among them the A ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Romania
Romania is a country located at the crossroads of Central Europe, Central, Eastern Europe, Eastern and Southeast Europe. It borders Ukraine to the north and east, Hungary to the west, Serbia to the southwest, Bulgaria to the south, Moldova to the east, and the Black Sea to the southeast. It has a mainly continental climate, and an area of with a population of 19 million people. Romania is the List of European countries by area, twelfth-largest country in Europe and the List of European Union member states by population, sixth-most populous member state of the European Union. Europe's second-longest river, the Danube, empties into the Danube Delta in the southeast of the country. The Carpathian Mountains cross Romania from the north to the southwest and include Moldoveanu Peak, at an altitude of . Bucharest is the country's Bucharest metropolitan area, largest urban area and Economy of Romania, financial centre. Other major urban centers, urban areas include Cluj-Napoca, Timiș ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hungary
Hungary is a landlocked country in Central Europe. Spanning much of the Pannonian Basin, Carpathian Basin, it is bordered by Slovakia to the north, Ukraine to the northeast, Romania to the east and southeast, Serbia to the south, Croatia and Slovenia to the southwest, and Austria to the west. Hungary lies within the drainage basin of the Danube, Danube River and is dominated by great lowland plains. It has a population of 9.6 million, consisting mostly of ethnic Hungarians, Hungarians (Magyars) and a significant Romani people in Hungary, Romani minority. Hungarian language, Hungarian is the Languages of Hungary, official language, and among Languages of Europe, the few in Europe outside the Indo-European languages, Indo-European family. Budapest is the country's capital and List of cities and towns of Hungary, largest city, and the dominant cultural and economic centre. Prior to the foundation of the Hungarian state, various peoples settled in the territory of present-day Hun ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Czechoslovakia
Czechoslovakia ( ; Czech language, Czech and , ''Česko-Slovensko'') was a landlocked country in Central Europe, created in 1918, when it declared its independence from Austria-Hungary. In 1938, after the Munich Agreement, the Sudetenland became part of Nazi Germany, while the country lost further territories to First Vienna Award, Hungary and Trans-Olza, Poland (the territories of southern Slovakia with a predominantly Hungarian population to Hungary and Zaolzie with a predominantly Polish population to Poland). Between 1939 and 1945, the state ceased to exist, as Slovak state, Slovakia proclaimed its independence and Carpathian Ruthenia became part of Kingdom of Hungary (1920–1946), Hungary, while the German Protectorate of Bohemia and Moravia was proclaimed in the remainder of the Czech Lands. In 1939, after the outbreak of World War II, former Czechoslovak President Edvard Beneš formed Czechoslovak government-in-exile, a government-in-exile and sought recognition from the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
