Vladivostok, Russia (CNN) -- U.S. Secretary of State Hillary Clinton signaled Saturday that Congress could move to repeal Cold War-era legislation governing trade relations with Russia as soon as this month. Clinton's comments regarding the so-called Jackson-Vanik amendment came as she addressed business leaders in the Russian city of Vladivostok, where she is standing in for President Barack Obama at the head of the U.S. delegation to the APEC Economic Leaders' Meeting. "To make sure our companies get to compete here in Russia, we are working closely with the United States Congress to terminate the application to Jackson-Vanik to Russia and grant Russian Permanent Normalized Trade Relations," she said.
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NEW: Clinton discusses Syria, Iran and missile defense with Russia's Vladimir Putin
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Congress may vote on lifting a Cold War-era trade amendment this month, Clinton says
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The Jackson-Vanik amendment was passed in 1974 as a way to pressure Russia
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Clinton is in Vladivostok for the APEC Economic Leaders' Meeting
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Clinton also made clear to Lavrov that @placeholder concerns extended to the "extremely negative effect" of the ongoing conflict in Syria on stability in the wider region, Nuland said.
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They also discussed @placeholder, missile defense and the need for increased bilateral trade and investment in the 15-minute meeting, before turning to wild life conservation and other matters over dinner.
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"It is a smart, strategic investment in one of the fastest growing markets for @placeholder goods and services."