Barack Obama imposes ban on new investment in Crimea

U.S. President Barack Obama on Friday signed an executive order, imposing a ban on new investment in Crimea and barring export or import of goods, technology or services with the Ukrainian region annexed by Russia.

The president noted in his order that the move was taken to " address the Russian occupation of the Crimea region of Ukraine" and that he authorized sanctions on individuals and entities operating in Crimea by freezing their assets under U.S. jurisdiction and denying them entry to the United States.

In another development, the Department of Treasury on Friday hit with sanctions what it called 24 Ukrainian and Russian separatist leaders and the militias or entities they lead or support.

Obama acted after the European Union took similar actions a day earlier. He said in a statement that his order "is intended to provide clarity to U.S. corporations doing business in the region and reaffirm that the United States will not accept Russia's occupation and attempted annexation of Crimea."

Moscow took over Crimea in March as an overwhelming majority of the residents on the peninsula voted to secede from Ukraine and join Russia in a crisis sparked by the ouster in February of Ukraine's pro-Russia President Viktor Yanukovych..................Xinhua................http://www.china.org.cn/world/2014-12/20/content_34367689.htm
20/12/14
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• US President Barack Obama has ordered a ban on the export of goods, technology and services to Crimea...

• Canada imposed on Friday new sanctions against Russia, Canadian Foreign Minister John Baird said.

• EU targets oil, gas investment in Crimea

• Russia not to leave Washington’s hostile actions without response (Russian FM spokesman)

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