US House of Representatives passed Ukraine aid and Russia sanctions bill

The U.S. House of Representatives on 1 April 2014 passed a package of aid for Ukraine and sanctions for Russia.

Created On: Apr 2, 2014 13:20 ISTModified On: Apr 2, 2014 18:42 IST

The U.S. House of Representatives on 1 April 2014 passed a package of aid for Ukraine and sanctions for Russia in response to annexation of Ukraine's Crimea region.

The bill was overwhelmingly approved by the 378-34 vote in the U.S. Senate and was sent to the White House for President Barack Obama to sign into law.

imageThe bill provided a package of 1 billion US dollar loan guarantee for the Kiev government. It also provides 150 million dollar for improved governance and enhanced security cooperation.

It also imposed mandatory sanctions which included visa bans and asset freezes against Russians.

The bill aimed to do more to punish Russia and discourage further intervention in Ukraine or elsewhere in Eastern Europe which include to impose additional economic sanctions and will target Russia's energy industry.

It penalizes individuals linked to Russia's annexation of Crimea and the deadly crackdown on protesters in Kiev by Ukraine's ousted pro-Russian regime, and gives Obama flexibility in imposing sanctions.

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एग्जाम की तैयारी के लिए ऐप पर वीकली टेस्ट लें और दूसरों के साथ प्रतिस्पर्धा करें। डाउनलोड करें करेंट अफेयर्स ऐप

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