Trump said in a letter dated March 2nd and published on the White House website that sanctions against Russia over its role in the Ukrainian crisis and annexation of Crimea would be extended for one more year. “I am continuing for 1 year the national emergency declared in Executive Order 13660.” A spokesman for Russian President Vladimir Putin, said Moscow has never been the initiator of these sanctions and that they consider them unlawful and harmful. The sanctions first imposed in 2014 slapped restrictions on Russian banking, energy and technology sectors limiting their access to global capital markets.

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