The United States has imposed sanctions on companies and individuals operating in Crimea, which integrated into the Russian Federation earlier this year.
President Barack Obama issued an executive order on Friday that “prohibits the export of goods, technology, or services to Crimea and prohibits the import of goods, technology, or services from Crimea, as well as new investments in Crimea”.
Obama said the order is “intended to provide clarity to US corporations doing business in the region and reaffirm that the United States” will not accept Crimea’s integration into Russia.
He also said that Washington “will continue to review and calibrate” its sanctions in close coordination with its allies.
The move came after the EU on Thursday toughened its trade, tourism, investment and business sanctions on Crimea-based companies.
Under the new embargoes, Europeans and EU-based companies were banned from buying real estate or businesses in Crimea, financing Crimean companies or supplying services as of December 20.
On Thursday, Obama also signed legislation into law which includes more sanctions against Russia.
The legislation authorizes the provision of lethal aid to Ukraine, including anti-tank weapons, ammunition, and “tactical troop-operated surveillance drones.”
It will also impose penalties on Russia’s state-owned arms dealer Rosoboronexport and other Russian defense companies.
Ties between Washington and Moscow have deteriorated over the crisis in Ukraine.
The US and its allies accuse Moscow of sending troops into eastern Ukraine in support of the pro-Russian forces. Russia, however, denies the accusation.
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Source Article from http://www.presstv.ir/detail/2014/12/20/391038/obama-imposes-sanctions-on-crimea/
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