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Obama Signs Trade Bill with Russia

Writer's picture: OurStudioOurStudio

U.S. President Barack Obama signed legislation Friday that normalizes trade relations with Russia, while imposing sanctions on Russian officials accused of violating human rights.

The U.S. Senate passed the bill last week, about three weeks after it cleared the House of Representatives. The bill combines two separate measures into one. The first part lifts trade restrictions on Russia dating back to the Cold War era. It also normalizes trade with Moldova. The second part denies visas and freezes the U.S. bank assets of suspected Russian rights violators.

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