Dear Mr. Speaker: (Mr. President:)
Pursuant to the International Emergency Economic Powers Act (50 U.S.C. 1701 et seq.) (IEEPA), I hereby report that I have issued an Executive Order (the “order”) that takes additional steps to address the Russian occupation of the Crimea region of Ukraine. These steps have been taken with respect to the national emergency declared in Executive Order 13660 of March 6, 2014, expanded in scope by Executive Order 13661 of March 16, 2014, and further expanded in scope by Executive Order 13662 of March 20, 2014.
The order prohibits new investment by United States persons in the Crimea region of Ukraine; the importation of goods, services, or technology into the United States from the Crimea region of Ukraine; and the exportation, reexportation, sale, or supply of goods, services, or technology from the United States or by a United States person to the Crimea region of Ukraine. It also prohibits the facilitation of any such transactions. The order also blocks the property and interests in property of any person determined by the Secretary of the Treasury, in consultation with the Secretary of State:
• to operate in the Crimea region of Ukraine;
• to be a leader of an entity operating in the Crimea region of Ukraine;
• to be owned or controlled by, or to have acted or purported to act for or on behalf of, directly or indirectly, any person whose property and interests in property are blocked pursuant to the order; or
• to have materially assisted, sponsored, or provided financial, material, or technological support for, or goods or services to or in support of, any person whose property and interests in property are blocked pursuant to the order.
In addition, the order suspends entry into the United States of any alien determined to meet one or more of the above criteria.
I have delegated to the Secretary of the Treasury the authority, in consultation with the Secretary of State, to take such actions, including the promulgation of rules and regulations, and to employ all powers granted to the President by IEEPA, as may be necessary to carry out the purposes of the order. All agencies of the United States Government are directed to take all appropriate measures within their authority to carry out the provisions of the order.
I am enclosing a copy of the Executive Order I have issued.
Sincerely,
BARACK OBAMA