On February 21, 2022 Vladimir Putin deployed troops into the Donbas region of Ukraine and recognized the independence of two republics in the region. The Biden administration was prompt to announce a first tranche of sanctions, modeled on those implemented after Russia’s annexation of Crimea in 2014. These included restriction on investment in exports and imports from the separatist regions as well as blocking sanctions placed on certain individuals in the Donetsk People’s Republic and the Luhansk People’s Republic… Read from pdf >> CBGA Commentary