Cancellation of Jackson-Venik amendment

President George Bush has solemnly signed Law about uptaking a system of normal trade relations with Ukraine (cancellation of Jackson-Venik amendment)

Today in Washington in the presence of Ukrainian Ambassador in USA – Oleg Shashmura a solemn ceremony took place with signing by US President of Law about uptaking a system of normal trade relations with Ukraine (cancellation of Jackson-Venik amendment).

In his speech during the ceremony President stated that by canceling an amendment he is opening a new era in relations with Ukraine, which USA call a friend. According to his words, being a democratic country and realizing politics of reforms Ukraine has become a source of inspiration for those who like freedom. President Bush characterized Orange revolution like “impressing example of freedom” for world nations. Brave citizens who gathered in Kiev on Maidan Nezalezhnosti demanded right for determining the future of their country and after getting such chance they have obtained freedom.

George Bush stated his expectations that uptaking the system of normal trade relations from the side of USA opens new economical opportunities for both countries and will also promote development of Ukrainian economics, market status of which was recently recognized by US Administration. It has approvingly expressed about reform efforts of President Yushchenko in economical sphere and in strengthening in the country of law and rights leadership.

George Bush supported very soon joining of Ukraine to the World Trade Organization, assuaring that USA will assist Ukraine in entering to institutions which are uniting free nations and will also help to become part of free and peaceful Europe.

On the signing ceremony members of Congress were present who also contributed into approving of Law two weeks ago, namely – senator Richard Lugar, congressmen Kurt Weldon, Tom Lantos, Jim Gerlah, Kendis Miller and Michael Fitspatrick.