US President Biden plans to impose new sanctions on trade and financing in the two pro-Moscow territories in Ukraine that Russian President Vladimir Putin decided to recognize as independent
In a statement, the White House said Biden would sign an executive order that would"prohibit new investment, trade, and financing by US persons to, from, or in the so-called DNR and LNR regions of Ukraine."Putin signed decrees recognizing the Donetsk People's Republic and the Luhansk People's Republic Monday in a ceremony carried on state television earlier on Monday.Biden's executive order will also allow the US to impose sanctions on anyone operating in those areas.
countries have warned they have prepared severe sanctions in the event Moscow invades Ukraine that would go beyond the measures the White House announced on Monday. .m-infographic_1645181447140{background:url no-repeat 0 0 transparent;margin-bottom:30px;width:100%;-moz-background-size:cover;-o-background-size:cover;-webkit-background-size:cover;background-size:cover;font-size:0;}.m-infographic_1645181447140:before{content:"";display:block;padding-top:225.17%;}@media {.
and European officials also condemned Putin's actions in statements. Secretary General Jens Stoltenberg said the move"further undermines" Ukraine's sovereignty and territorial integrity. "I condemn Russia's decision to extend recognition to the self-proclaimed 'Donetsk People's Republic' and 'Luhansk People's Republic,'" he said.
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