Russia faces tough new sanctions after Vladimir Putin recognizes separate regions of Ukraine

Moscow: The United States and its European allies are set to announce tough new sanctions against Russia on Tuesday, after President Vladimir Putin formally recognized two separate regions in eastern Ukraine, fueling a security crisis on the continent. .

Putin’s announcement on Monday attracted international condemnation and immediate US sanctions, with President Joe Biden on an executive order to halt US business activity in breakaway areas and ban the import of all goods from those areas controlled by Russian-backed separatists. Signed.

Britain, France and Germany also agreed to respond with sanctions, with Britain and the United States saying they would announce more measures on Tuesday.

“The United States will impose sanctions on Russia for a clear violation of international law and Ukraine’s sovereignty and territorial integrity,” US Ambassador to the United Nations Linda Thomas-Greenfield told reporters after an emergency Security Council meeting late Monday.

“We can, will, and we must unite in our call for Russia to withdraw its forces, return to the diplomatic table, and work towards peace.” Britain said it had imposed sanctions to target those involved in violating Ukraine’s territorial integrity and those measures would come into force on Tuesday.

The Russian UN ambassador, Vasily Nebenzia, warned the Western powers to “think twice” and not worsen the situation.

Tanks and other military hardware were seen moving through the separatist-controlled city of Donetsk on Monday, hours after Putin formally recognized the broken areas and ordered the deployment of Russian forces to “keep the peace” . No logo was visible on the vehicles.

Russia denies any plans to attack its neighbour, but has mobilized troops along Ukraine’s borders and threatened “military-technical” action unless it receives comprehensive security guarantees, including Including the promise that Ukraine would never join NATO.

A senior US official said the deployment of Russian troops to the broken enclaves did not yet qualify for the harsh sanctions designed by the United States and its allies in the event of a full-scale invasion, as Russia already had troops. .

Russian-backed separatists in Ukraine’s Donetsk and Luhansk regions – known collectively as Donbass – broke away from Ukrainian government control in 2014 and declared themselves independent “people’s republics”.

Ukraine’s President Volodymyr Zelensky, who received a call from Biden to express solidarity on Monday, accused Russia of ruining peace talks and rejected territorial concessions.

Rising fears of a major war in Europe pushed oil prices to a seven-year high on Tuesday, while safe-haven currencies such as the yen rose and global stocks fell. The ruble widened its deficit as Putin said, slipping more than 80 per dollar at one point.

complaints

In a lengthy televised address on Monday filled with complaints against the West, an apparently angry Putin said eastern Ukraine was ancient Russian land. Putin delved into the history of the Ottoman Empire and expressed disappointment that Russia’s demands for a rewrite of Europe’s security system were repeatedly rejected.

“I consider it necessary to take a decision that should have been made a long time ago – to immediately recognize the independence and sovereignty of the Donetsk People’s Republic and the Lugansk People’s Republic,” Putin said.

Putin has worked for years to restore Russia’s influence over nations that emerged after the collapse of the Soviet Union, with Ukraine holding an important place in his ambitions. Russia annexed Crimea from Ukraine in 2014.

A French presidential official said that the speech “mixes different ideas of a harsh and paranoid nature”.

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