Americas

Americas

Biden orders sanctions on separatist regions of Ukraine after Putin decree

22 February 2022 06:05 (UTC +04:00)

The White House responded Monday night to Russian President Vladimir Putin’s decision to recognize the independence of two breakaway regions of eastern Ukraine, levying a number of sanctions on the region, APA reports quoting CNBC.

President Joe Biden signed an executive order that prohibits new investment, trade and financing by U.S. persons to, from, or in the so-called Donetsk People’s Republic and Luhansk People’s Republic regions of Ukraine.

“To be clear: these measures are separate from and would be in addition to the swift and severe economic measures we have been preparing in coordination with allies and partners should Russia further invade Ukraine,” White House press secretary Jen Psaki wrote in a statement announcing the executive order.

Psaki added that the Departments of State and Treasury will share additional details of the Biden administration’s actions.