United States announce financial sanctions against rebel territories in eastern Ukraine freshly recognized by Russia.

Written by on February 22, 2022

The United States has announced financial sanctions against rebel territories in eastern Ukraine freshly recognized by Russia.

White House Press Secretary, Jen Psaki said, referring to the breakaway regions of Donetsk and Lugansk says President Joe Biden will issue an executive order to prohibit new investment, trade, and financing by US persons to, from, or in the DNR and LNR regions of Ukraine.

Psaki said, the order will provide authority to impose sanctions on any person determined to operate in those areas of Ukraine, adding that the measures are separate from wider Western sanctions ready to go should Russia further invade Ukraine.

According to reports, the two self-proclaimed republics already have extremely limited dealings with US citizens.

However, the sanctions herald a new phase in what could soon become the most dangerous East-West confrontation since the collapse of the Soviet Union.

Ameen J. Kantyok


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