Obama orders US trade ban on Crimea over Russia 'occupation'

December 20, 2014 1:45 AM

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Obama orders US trade ban on Crimea over Russia 'occupation'

[WASHINGTON] US President Barack Obama imposed sweeping sanctions on Russia-annexed Crimea on Friday with an executive order prohibiting American exports of goods or services to the contested peninsula and barring Crimean imports.

"The executive order is intended to provide clarity to US corporations doing business in the region and reaffirm that the United States will not accept Russia's occupation and attempted annexation of Crimea," Mr Obama said in a statement.

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