Executive Order 13685

On 19 December 2014, President Obama issued Executive Order 13685 which with immediate effect prohibits the following activities:

• new investments in Crimea by a US person wherever located;
• the import into the US of goods, services or technology from Crimea
• export of goods, services or technology to the Crimea from the US or by a US person wherever located; and
• provision of any approval, financing, facilitation or a guarantee by a US person in connection with a transaction by a foreign person where the transaction by that foreign person would be prohibited under the Executive Order if performed by a US person or a person within the US.

It also authorizes the blocking of persons determined to “operate” in Crimea or to be “the leader of an entity” operating in Crimea.

A copy of the Executive Order can be downloaded from the link set out below.