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Crimea goes East, Ukraine goes West in two new deals

Brussels: Two almost simultaneous signatures on Friday on opposite sides of Europe deepened the divide between East and West, as Russia formally annexed Crimea and the European Union pulled Ukraine closer into its orbit.In this

India TV News Desk India TV News Desk Updated on: March 22, 2014 8:55 IST
Still, the EU roster fell short of the high-powered U.S. list, in an apparent reflection of European wariness of going as far as Washington to punish Russia - Europe's neighbor, energy supplier and trade partner.

President Barack Obama on Thursday ordered a second round of sanctions against 20 members of Putin's inner circle and a major bank supporting them. The list included four businessmen considered to be Putin's lifelong friends.

Moscow retaliated by banning nine U.S. officials and lawmakers from entering Russia.
Putin tried to play down the sanctions at Friday's televised session of the presidential Security Council.

"We should keep our distance from those people who compromise us," he said, a jocular reference to the officials on the sanctions list, some of whom attended the meeting.

Putin added sardonically that he would open an account to keep his salary in the targeted Bank Rossiya, owned by Yuri Kovalchuk, considered to be Putin's longtime friend.

At the same time, Putin said he sees no immediate need for further Russian retaliation over the U.S. sanctions, adding that Russia will keep funding a program jointly with NATO to service Afghan helicopters and train their crews.

However, just a few hours later, the Russian Foreign Ministry said Moscow will "harshly" respond to the latest round of U.S. sanctions, and Putin's spokesman, Dmitry Peskov, said Russia will retaliate.

Russian Defense Minister Sergei Shoigu told Putin on Friday that 72 Ukrainian military units in Crimea have decided to join the Russian military. His claim couldn't be independently confirmed.

At the Ukrainian military air base in Belbek, outside the Crimean port of Sevastopol, Col. Yuly Mamchur told reporters he was still waiting for orders from his commanders on whether to evacuate.
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