American companies was given a month to cease business with the Crimea

By February 1, 2015 American companies have to terminate business relations with the Crimean contractors. Thus the U.S. Treasury Department explained the sanctions against Crimea taken on December 20.
«The termination of operations, termination of contracts and any agreements on trade, services and technology by U.S. companies and individuals should be completed up to 12:00 (20:00 Moscow time on February 1, 2015», — the document of financial Department says. The other restrictive measures remain unchanged.
December 20, President Barack Obama signed a decree about the new sanctions against Russia: Washington decided to block the assets of any individuals and companies connected with the Crimea. «The decree prohibits the new investment of the US residents in the Crimean region of Ukraine, imports of goods, services, technologies from the United States to the Crimea, as well as export, re-export, sale and delivery of goods, services and technologies from the United States,» said Obama’s letter to John Boehner, the speaker of the House of Representatives.
Besides Obama forbade Americans to conduct any business with the companies controlled by residents of the Crimea, and also have any financial or material relationships with these individuals. Entry to the United States is prohibited for all who fall within the scope the decree.
On December 18, the U.S. President signed the law No. 5859, «the law on support of freedom of Ukraine 2014», which allows to impose sanctions against the Russian government companies and to provide military assistance to the Ukraine. Minister of Foreign Affairs of Russia Sergey Lavrov said that the law «the law on support of freedom of Ukraine 2014″ can undermine the normal interaction between Moscow and Washington for a long time».

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