Description
Russia’s occupation and attempted annexation of Crimea in March 2014 is not recognized by the U.S. government. Russia’s actions to destabilize eastern Ukraine have led to the placement of U.S. and other countries’ sanctions on individuals as well as entities in the Russian banking and energy sectors. In addition, the United States placed sanctions barring any U.S. persons (including businesses) from investing in, importing to, exporting from, or providing guarantees of transactions in Crimea. Policy discussions with the Russian government regarding measures to increase bilateral trade and investment ties were also halted in the aftermath of Russia’s illegal actions in Ukraine.
