Baucus Continues Push to Help Montana Ranchers Sell More Beef to Russia
Senator Holds Hearing on Bipartisan Bill to Double American Exports to Russia
Posted: Thursday, June 21, 2012
Posted: Thursday, June 21, 2012
(Washington, DC) - Montana's senior U.S. Senator Max Baucus held a hearing today on his bipartisan legislation to make sure Montana can take advantage of new job-creating export opportunities when Russia joins the World Trade Organization (WTO) this summer. Without this legislation, Montana ranchers will miss out on opportunities to sell more than 60,000 tons of American beef to Russia at a lower cost to Montana.
"Regardless of what we do here in Congress, Russia will join the WTO this summer. We have a choice. If we do nothing, the 154 other countries in the WTO will gain new access to Russia's growing market, and we'll be left on the sideline. American workers, businesses, farmers and ranchers will lose out to their competitors in China and Europe. But if we do pass Russia PNTR, U.S. exports to Russia are projected to double within five years, and that means thousands of new jobs here at home. These new jobs come at no cost to us - zero. Unlike a free trade agreement, we do not lower any of our tariffs, and we do not change any of our trade laws. This is a one-sided deal in America's favor, but only if we act. That's why I introduced Russia PNTR legislation last week with Senators Thune, Kerry and McCain," Baucus told his Senate Panel and witnesses from the State Department and the nation's top agriculture and trade officials.
Baucus introduced his bill last week. He traveled to Russia and met with top leaders -- including, then President Dmitry Medvedev and the Russian Agriculture Minister Yelena Skrynnik -- to begin his push to get his legislation through the Senate. In March, Baucus brought Montana Stockgrowers President Watty Taylor before his Senate Committee to speak on the importance of Baucus's legislation for American ranchers.
What Baucus' Bill Means for Montana Beef:
Ø Under Baucus' bill, Russia's accession to the WTO will significantly expand market access for American beef, by allowing 60,000 tons of frozen U.S. beef to be sold in Russia under a reduced tariff of 15 percent. In addition, Montana ranchers will also be able to sell up to 11,000 tons of fresh chilled beef in Russia at the reduced tariff. And, the United States will be able to export high-quality beef above the allotted amount at a 15 percent rate as well.
Ø Russia is already America's 5th largest export market for American beef by volume. The U.S. currently exports 48,000 tons and current tariffs fluctuate from 15 to 60 percent.
Please use the following for schedule requests:
Contact the DC office at:
511 Hart Senate Office Building
Washington, DC 20510
(202) 224-2651 (Office)
(202) 224-9412 (Fax)
Max is pleased to have eight offices throughout Montana to serve you better.
222 N 32nd St Ste 100
Billings, MT 59101
220 W Lamme Ste 1D
Bozeman, MT 59715
245 E Park St LL E
Butte, MT 59701
122 W Towne St
Glendive, MT 59330
113 3rd St N
Great Falls, MT 59401
30 W 14th St Ste 206
Helena, MT 59601
8 3rd St E
Kalispell, MT 59901
280 E Front St Ste 100
Missoula, MT 59802
Official Website of Max Baucus