US slaps trade ban on Crimea over Russia 'occupation'

A freight train crosses vineyards outside Sevastopol, Crimea, on October 30, 2014US President Barack Obama imposed sweeping sanctions Friday on Russia-annexed Crimea with an executive order prohibiting American exports of goods or services to the contested peninsula and barring Crimean imports. US neighbor Canada also slapped new sanctions on Russia, hitting the country’s oil and gas sector and targeting 20 Russian politicians as well as Ukrainian separatist leaders. The action bans new US investments in Crimea and authorizes the US Treasury to impose sanctions on people and companies operating there. It also forbids trade of technology or services between Crimea and the United States.

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