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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsFACT SHEET: Ukraine-Related Sanctions (updated)
Last edited Mon Mar 17, 2014, 03:42 PM - Edit history (1)
President Obama today issued a new Executive Order (E.O.) under the national emergency with respect to Ukraine that finds that the actions and policies of the Russian government with respect to Ukraine - including through the deployment of Russian military forces in the Crimea region of Ukraine - undermine democratic processes and institutions in Ukraine; threaten its peace, security, stability, sovereignty, and territorial integrity; and contribute to the misappropriation of its assets.
This new authority expands upon E.O. 13660, which the President signed less than two weeks ago, by authorizing the Secretary of the Treasury, in consultation with the Secretary of State, to impose sanctions on named officials of the Russian government, any individual or entity that operates in the Russian arms industry, and any designated individual or entity that acts on behalf of, or that provides material or other support to, any senior Russian government official. We have fashioned these sanctions to impose costs on named individuals who wield influence in the Russian government and those responsible for the deteriorating situation in Ukraine. We stand ready to use these authorities in a direct and targeted fashion as events warrant.
In response to the Russian governments actions contributing to the crisis in Ukraine, this new E.O. lists seven Russian government officials who are being designated for sanctions. These individuals are Vladislav Surkov, Sergey Glazyev, Leonid Slutsky, Andrei Klishas, Valentina Matviyenko, Dmitry Rogozin, and Yelena Mizulina.
The United States also will seek to hold accountable individuals who use their resources or influence to support or act on behalf of senior Russian government officials. We recognize that the Russian leadership derives significant support from, and takes action through, individuals who do not themselves serve in any official capacity. Our current focus is to identify these individuals and target their personal assets, but not companies that they may manage on behalf of the Russian state.
In addition to the new E.O., the Treasury Department today has imposed sanctions on four other individuals under E.O. 13660, issued on March 6, for their actions or policies that threaten the peace, security, stability, sovereignty, or territorial integrity of Ukraine and in undermining the Government of Ukraine. They are Crimea-based separatist leaders Sergey Aksyonov and Vladimir Konstantinov; former Ukrainian presidential chief of staff Viktor Medvedchuk; and former President of Ukraine Viktor Yanukovych.
Todays actions send a strong message to the Russian government that there are consequences for their actions that violate the sovereignty and territorial integrity of Ukraine, including their actions supporting the illegal referendum for Crimean separation. The United States, together with international partners, will continue to stand by the Ukrainian government to ensure that costs are imposed on Crimean separatists and their Russian backers. Todays actions also serve as notice to Russia that unless it abides by its international obligations and returns its military forces to their original bases and respects Ukraines sovereignty and territorial integrity, the United States is prepared to take additional steps to impose further political and economic costs.
- Vladislav Surkov: Surkov is being sanctioned for his status as a Presidential Aide to Russian President Vladimir Putin.
- Sergey Glazyev: Glazyev is being sanctioned for his status as a Presidential Adviser to Russian President Vladimir Putin.
- Leonid Slutsky: Slutsky is being sanctioned for his status as a State Duma deputy, where he is Chairman of the Duma Committee on CIS Affairs, Eurasian Integration, and Relations with Compatriots.
- Andrei Klishas: Klishas is being sanctioned for his status as a Member of the Council of Federation of the Federal Assembly of the Russian Federation and as Chairman of the Federation Council Committee of Constitutional Law, Judicial, and Legal Affairs, and the Development of Civil Society.
- Valentina Matviyenko: Matviyenko is being sanctioned for her status as Head of the Federation Council
- Dmitry Rogozin: Rogozin is being sanctioned for his status as the Deputy Prime Minister of the Russian Federation.
- Yelena Mizulina: Mizulina is being sanctioned for her status as a State Duma Deputy.
- Sergey Aksyonov: Aksyonov is being designated for threatening the peace, security, stability, sovereignty, or territorial integrity of Ukraine, and for undermining Ukraines democratic institutions and processes. Aksyonov claims to be the Prime Minister of Crimea and has rejected the authority of the legitimate government in Kyiv.
- Vladimir Konstantinov: Konstantinov is being designated for threatening the peace, security, stability, sovereignty, or territorial integrity of Ukraine, and for undermining Ukraines democratic institutions and processes. Konstantinov is the speaker of the Crimean parliament, which on March 11, 2014, declared independence from Ukraine.
- Viktor Medvedchuk: Medvedchuk, leader of Ukrainian Choice, is being designated for threatening the peace, security, stability, sovereignty, or territorial integrity of Ukraine, and for undermining Ukraines democratic institutions and processes. He is also being designated because he has materially assisted, sponsored, or provided financial, material, or technological support to Yanukovych and because he is a leader of an entity that has, or whose members have, engaged in actions or policies that undermine democratic processes or institutions in Ukraine and actions or policies that threaten the peace, security, stability, sovereignty, or territorial integrity of Ukraine.
- Viktor Yanukovych: Former Ukrainian President Yanukovych is being designated for threatening the peace, security, stability, sovereignty, or territorial integrity of Ukraine, and for undermining Ukraines democratic institutions and processes. After abandoning Kyiv and ultimately fleeing to Russia, Viktor Yanukovych called upon Russian President Vladimir Putin to send Russian troops into Ukraine.
Updated to add:
Statement by the President on Ukraine
And so, Russias decision to send troops into Crimea has rightly drawn global condemnation. From the start, the United States has mobilized the international community in support of Ukraine to isolate Russia for its actions and to reassure our allies and partners. We saw this international unity again over the weekend, when Russia stood alone in the U.N. Security Council defending its actions in Crimea. And as I told President Putin yesterday, the referendum in Crimea was a clear violation of Ukrainian constitutions and international law, and it will not be recognized by the international community.
Today, Im announcing a series of measures that will continue to increase the cost on Russia and on those responsible for what is happening in Ukraine. First, as authorized by the executive order I signed two weeks ago, we are imposing sanctions on specific individuals responsible for undermining the sovereignty, territorial integrity and government of Ukraine. Were making it clear that there are consequences for their actions.
Second, I have signed a new executive order that expands the scope of our sanctions. As an initial step, Im authorizing sanctions on Russian officials -- entities operating in the arms sector in Russia and individuals who provide material support to senior officials of the Russian government. And if Russia continues to interfere in Ukraine, we stand ready to impose further sanctions.
Third, were continuing our close consultations with our European partners, who today in Brussels moved ahead with their own sanctions against Russia. Tonight, Vice President Biden departs for Europe, where he will meet with the leaders of our NATO allies -- Poland, Estonia, Latvia and Lithuania. And Ill be traveling to Europe next week. Our message will be clear. As NATO allies, we have a solemn commitment to our collective defense, and we will uphold this commitment.
Fourth, well continue to make clear to Russia that further provocations will achieve nothing except to further isolate Russia and diminish its place in the world. The international community will continue to stand together to oppose any violations of Ukrainian sovereignty and territorial integrity, and continued Russian military intervention in Ukraine will only deepen Russias diplomatic isolation and exact a greater toll on the Russian economy.
Going forward, we can calibrate our response based on whether Russia chooses to escalate or to de-escalate the situation. Now, I believe theres still a path to resolve this situation diplomatically in a way that addresses the interest of both Russia and Ukraine. That includes Russia pulling its forces in Crimea back to their bases, supporting the deployment of additional international monitors in Ukraine, and engaging in dialogue with the Ukrainian government, which has indicated its openness to pursuing constitutional reform as they move forward towards elections this spring.
But throughout this process, were going to stand firm in our unwavering support for Ukraine. As I told Prime Minister Yatsenyuk last week, the United States stands with the people of Ukraine and their right to determine their own destiny. Were going to keep working with Congress and our international partners to offer Ukraine the economic support that it needs to weather this crisis and to improve the daily lives of the Ukrainian people.
And as we go forward, well continue to look at the range of ways we can help our Ukrainian friends achieve their universal rights and the security, prosperity and dignity that they deserve. Thanks very much. And Jay, I think, will be available for questions. Thank you.
http://www.whitehouse.gov/the-press-office/2014/03/17/statement-president-ukraine
Video here: http://www.nytimes.com/2014/03/18/world/europe/obamas-statement-on-new-sanctions-against-russia.html
geek tragedy
(68,868 posts)As a result, we impose sanctions in the form of seizing exactly zero assets since you weren't stupid enough to park them in our banks. Furthermore, you shall not be able to use our financial system or travel here, not that you ever had any intent of doing so.
They didn't even touch the plutocrats.
Russian stock market is up today--investors aren't taking these sanctions seriously either.
ProSense
(116,464 posts)As a result, we impose sanctions in the form of seizing exactly zero assets since you weren't stupid enough to park them in our banks. Furthermore, you shall not be able to use our financial system or travel here, not that you ever had any intent of doing so.
...making up a statement to justify why you think these aren't going to be effective isn't much of a fact-based argument.
Sanction Traction
In order to get any traction with sanctions you have to bring the EU in and I think that will be a difficult task because of their dependence on Russian oil and gas resources, Gunitsky said.
The EUs bill for Russian oil and gas amounted to $156.5 billion in 2012, 38 times what the U.S. spent for Russian energy, according to the International Trade Centres Trade Map, a venture sponsored by the World Trade Organization and the United Nations.
Sanctions that crimp the lifestyles of Putins billionaire friends, such as visa restrictions and bank account freezes, might be more effective and easier for Europe to stomach than sanctions on Russian gas, Gunitsky said.
And energy sanctions may backfire if cutting off Russian shipments raises prices and triggers a backlash from angry European consumers.
- more -
http://www.bloomberg.com/news/2014-03-17/russia-s-160-billion-stick-hinders-crimean-sanctions.html
geek tragedy
(68,868 posts)explain to me how these are going to be effective. they're insults, not sanctions. sanctions would be going after people/institutions with serious money
Though he's not looking as stupid as Angela Merkel is this morning.
ProSense
(116,464 posts)explain to me how these are going to be effective. they're insults, not sanctions. sanctions would be going after people/institutions with serious money
Though he's not looking as stupid as Angela Merkel is this morning.
...I don't think taunting that sanctions aren't going to work, and then continuing to say that the sanctions should be tougher is effective.
geek tragedy
(68,868 posts)it would have been better to do nothing, and say nothing
ProSense
(116,464 posts)"it would have been better to do nothing, and say nothing "
...your point is all over the place. You are for tougher sanctions or just let him have Crimea and do what he wants to?
geek tragedy
(68,868 posts)If you're not going to do anything of note, don't talk like you are.
It diminishes credibility.
They're laughing at Obama in Russia, literally. The targets of those sanctions are yukking it up.
If he had done nothing, at least he could have been pretending to work on something meaningful.
ProSense
(116,464 posts)"I am against talking tough and then acting weak...They're laughing at Obama in Russia, literally. The targets of those sanctions are yukking it up."
...have yet to say what you think would be "talking tough and then acting" tough?
No doubt the American RW warmongers are laughing too. You're right though, they're laughing on Twitter, which doesn't strike me as a position of strength. LOL!
http://www.democraticunderground.com/10024678429
geek tragedy
(68,868 posts)If Obama was never going to do something serious, he shouldn't have bluffed.
ProSense
(116,464 posts)geek tragedy
(68,868 posts)I mean, how did they write this with a straight face:
There are no consequences, just a public F.U. that's pretending to be consequences
ProSense
(116,464 posts)the EU is targeting 21 people. Also, why do you think the list can't be expanded?
By Aleksandar Vasovic and Adrian Croft
(Reuters) - The European Union is to impose sanctions including asset freezes and travel bans on 21 officials from Russia and Ukraine after Crimea applied to join Russia on Monday following a weekend referendum, Lithuania's foreign minister said.
Crimea's leaders declared a Soviet-style 97-percent result in favor of seceding from Ukraine in a vote condemned as illegal by Kiev and the West.
After a meeting lasting around three hours, the EU's 28 foreign ministers agreed on a list of those to be sanctioned for their part in Russia's seizure of Crimea and Sunday's referendum on joining Russia.
The ministers had "just agreed on sanctions - travel restrictions & assets freeze against 21 officials from Ukraine & Russia," Lithuanian foreign minister Linan Linkevicius wrote in a message on Twitter.
- more -
http://www.reuters.com/article/2014/03/17/us-ukraine-crisis-idUSBREA1Q1E820140317
geek tragedy
(68,868 posts)when the plutocrats start losing money, then we'll know the EU and US are serious
ProSense
(116,464 posts)Ah, there you go. So there are sanctions that will impact Russia. What of the 21 people being targeted by the EU? Still, you're now on board with the piece I posted in comment 2.
Sanction Traction
In order to get any traction with sanctions you have to bring the EU in and I think that will be a difficult task because of their dependence on Russian oil and gas resources, Gunitsky said.
The EUs bill for Russian oil and gas amounted to $156.5 billion in 2012, 38 times what the U.S. spent for Russian energy, according to the International Trade Centres Trade Map, a venture sponsored by the World Trade Organization and the United Nations.
Sanctions that crimp the lifestyles of Putins billionaire friends, such as visa restrictions and bank account freezes, might be more effective and easier for Europe to stomach than sanctions on Russian gas, Gunitsky said.
And energy sanctions may backfire if cutting off Russian shipments raises prices and triggers a backlash from angry European consumers.
- more -
http://www.bloomberg.com/news/2014-03-17/russia-s-160-billion-stick-hinders-crimean-sanctions.html
treestar
(82,383 posts)as it appears to go after the 1% and those who actually made the decisions as opposed to the ordinary people in Russia.
geek tragedy
(68,868 posts)of money is affected by this
treestar
(82,383 posts)admitting he has US assets.
Rex
(65,616 posts)We did nothing.
http://www.spacedaily.com/reports/Russian_bombers_fly_close_to_US_border_report_999.html
NATO planes flew as chaperons.
Putin resumed Cold War flights of long range bombers under Dubya. Dubya in turn looked into Putin's eyes and found a kindred spirit.
geek tragedy
(68,868 posts)Act all huffy and puffy, and then do nothing or next-to-nothing.
If they're not going to do anything, just shut up and focus on other problems.
Rex
(65,616 posts)I know for a fact that there will be no military intervention. And freezing the accounts of a handful of Russian generals means nothing in the long run. I do however think Putin is making a mistake if he thinks Obama is weak and an ineffective POTUS like his GOOD BUDDY George Bush Jr. Nothing could be further from the truth imo.
geek tragedy
(68,868 posts)a confrontation with Russia, regardless of what Obama says or does.
So, I don't think it comes down to is he a strong or weak President, he simply doesn't have the tools to even inconvenience Putin.
Putin pretty much called his bluff.
Rex
(65,616 posts)It just worries me how much control he has over the national media in Russia and who might disappear for voicing opposition.
geek tragedy
(68,868 posts)Stalin has 50% approval there.
Rex
(65,616 posts)It will never happen.
geek tragedy
(68,868 posts)be so wrapped up in the use of military force.
Rex
(65,616 posts)is missing his chance to kill some Reds. Of course if things were much worse...say McCain had won the election, we would all be piles of radioactive ash by now! Obama has a cool head on his shoulders and I am thankful for it.
But yeah...those were some of the weakest sanctions I've ever seen. It must come from the frustration that Russia does not need anything from us or our allies. Hard to place economic sanctions on a country thats population is use to standing in line for toilet paper and potatoes.
geek tragedy
(68,868 posts)get the impulse to provide a stiff penalty for this kind of thing, with the idea being to deter future acts like it
but I don't get intentionally insulting the Russians (they named two guys because they were Putin's aides, which is pretty personal) but then not having any oomph behind the actions.
seems like the worst of both worlds
Reminds me of his dealings with Netanyahu.
ProSense
(116,464 posts)Rex
(65,616 posts)if the thinks Obama is a weak leader like George Bush Jr. was.
FarCenter
(19,429 posts)Plus, a lot of them are not Russian, if you look up their family backgrounds.
Rex
(65,616 posts)Sanctioning plutocrats in THIS COUNTRY would be a death nail for said uber rich people. I have no idea if the dynamics are the same in Russia...but I doubt it.
ProSense
(116,464 posts)I mean, what kind of statement is that? You think people in the "West" are going to risk their standing to protect a Russian plutocrats?
Anyone who would likely be a "friend" is advocating war.
FarCenter
(19,429 posts)#1 #34 Alisher Usmanov 59 $17.6 Metalloinvest
#2 #41 Mikhail Fridman 48 $16.5 TNK-BP
#3 #47 Leonid Mikhelson 57 $15.4 Novatek
#4 #52 Vicktor Vekselberg 56 $15.1 Renova, Skolkovo Fund
#5 #55 Vagit Alekperov 62 $14.8 Lukoil
#6 #56 Andrey Melnichenko 57 $14.4 Novatek, Sibur Holding, First United Bank
#7 #58 Vladimir Potanin 52 $14.3 Interros, ProfMedia
#8 #62 Vladimir Lisin 56 $14.1 First Cargo Novolipetsk
#9 #62 Gennady Timchenko 60 $14.1 Gunvor Group, Novatek
#10 #69 Mikhail Prokhorov 47 $13.0 Onexim
I, for one, would like to see the US Treasury owning the Brooklyn Nets.
Note that some of them live outside of Russia, and Putin would probably take the opportunity to seize their assets in Russia.
ProSense
(116,464 posts)FarCenter
(19,429 posts)The sale values Dea at about 5.1 billion euros ($7.1 billion), including debt, Germanys largest power generator said in a statement yesterday. The deal is the first for LetterOne, the group set up by Fridman, 49, and co-investor German Khan last year to invest part of $14 billion they gained from selling a stake in the Moscow-based TNK-BP oil venture.
The agreement helps Fridman and Khan move their energy investment abroad as RWE, which reported its first full-year loss since the foundation of the Federal Republic of Germany in 1949, looks to raise cash from asset sales.
LetterOne has earmarked as much as $10 billion for investment in the global oil and gas business over the next five years and attracted a number of high-profile energy executives to its advisory board, including former BP Plc (BP/) Chief Executive Officer John Browne and Anadarko Petroleum Corp.s Jim Hackett.
The transaction must still win final approval from RWEs supervisory board and regulators in several countries, the utility said. Dea pumps oil and gas in the U.K., Germany and Norway and is no longer of strategic importance, RWE CEO Peter Terium said in April last year.
http://www.bloomberg.com/news/2014-03-16/rwe-agrees-to-sell-7-1-billion-dea-division-to-letterone-group.html
Seems to be business as usual today for the oligarchs.
grahamhgreen
(15,741 posts)How 'bout we stop fostering revolutions for the neo-cons, instead.
NuclearDem
(16,184 posts)It's really the EU's job now. Boycotting Russian energy is probably one of the most effective sanctions that can be mustered.
Not to say I don't approve, I absolutely do, but there needs to be much more and much harsher.
ChisolmTrailDem
(9,463 posts)ProSense
(116,464 posts)ProSense
(116,464 posts)ChisolmTrailDem
(9,463 posts)remember the sanctions on Saddam, or So. Africa? It could have been stronger than those.
reformist2
(9,841 posts)ChisolmTrailDem
(9,463 posts)ProSense
(116,464 posts)ChisolmTrailDem
(9,463 posts)shut-off of all trade and Russia's expulsion from the UN Security Council is W-E-A-K ... WEAK!
I'm usually with you, Prosense, but not in cheerleading these jokes of sanctions.
You aren't going to change my mind, either.
ProSense
(116,464 posts)"Anything less than a total shut-off of all trade and Russia's expulsion from the UN Security Council is W-E-A-K ... WEAK!"
...it's not like the sanctions can't be expanded, and not everyone agrees with your assessment.
Sanction Traction
In order to get any traction with sanctions you have to bring the EU in and I think that will be a difficult task because of their dependence on Russian oil and gas resources, Gunitsky said.
The EUs bill for Russian oil and gas amounted to $156.5 billion in 2012, 38 times what the U.S. spent for Russian energy, according to the International Trade Centres Trade Map, a venture sponsored by the World Trade Organization and the United Nations.
Sanctions that crimp the lifestyles of Putins billionaire friends, such as visa restrictions and bank account freezes, might be more effective and easier for Europe to stomach than sanctions on Russian gas, Gunitsky said.
And energy sanctions may backfire if cutting off Russian shipments raises prices and triggers a backlash from angry European consumers.
- more -
http://www.bloomberg.com/news/2014-03-17/russia-s-160-billion-stick-hinders-crimean-sanctions.html
The EU is targeting 21 individuals.
By Aleksandar Vasovic and Adrian Croft
(Reuters) - The European Union is to impose sanctions including asset freezes and travel bans on 21 officials from Russia and Ukraine after Crimea applied to join Russia on Monday following a weekend referendum, Lithuania's foreign minister said.
Crimea's leaders declared a Soviet-style 97-percent result in favor of seceding from Ukraine in a vote condemned as illegal by Kiev and the West.
After a meeting lasting around three hours, the EU's 28 foreign ministers agreed on a list of those to be sanctioned for their part in Russia's seizure of Crimea and Sunday's referendum on joining Russia.
The ministers had "just agreed on sanctions - travel restrictions & assets freeze against 21 officials from Ukraine & Russia," Lithuanian foreign minister Linan Linkevicius wrote in a message on Twitter.
- more -
http://www.reuters.com/article/2014/03/17/us-ukraine-crisis-idUSBREA1Q1E820140317
treestar
(82,383 posts)Sounds easier said than done.
Total shut off of all trade.
ProSense
(116,464 posts)ChisolmTrailDem
(9,463 posts)William769
(55,147 posts)sheshe2
(83,908 posts)pinto
(106,886 posts)ProSense
(116,464 posts)ProSense
(116,464 posts)http://www.democraticunderground.com/10024680947