Obama authorizes ‘economic embargo’ on Russia’s Crimea — RT USA.
US President Barack Obama has authorized sanctions against individuals and entities operating in Russia’s Crimean peninsula, according to the White House statement.
Obama has issued an executive order 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,” according to the statement.
The executive order also authorizes the Secretary of the Treasury to impose sanctions on “individuals and entities operating in Crimea.”
READ MORE: EU introduces ‘discriminatory’ sanctions on Russia’s Crimea
The move comes just a day after the European Union introduced similar action against the Russian region of Crimea and Sevastopol, accepted into the Russian Federation following the referendum last March.
The United States did not recognize the reunification and has been calling on Russia to “end its occupation and attempted annexation of Crimea.”
