ExecutiveOrdersEO
EO 14065Executive OrderBiden · D

Executive Order 14065

Blocking Property of Certain Persons and Prohibiting Certain Transactions With Respect to Continued Russian Efforts To Undermine the Sovereignty and Territorial Integrity of Ukraine

Defense & SecurityDefense & SecurityEconomy & LaborEconomy & LaborTradeTradeImmigrationImmigration

In simple terms

This executive order expands a 2014 national emergency to impose sanctions on Russia's newly recognized Donetsk and Luhansk regions of Ukraine. It blocks U.S. investment, trade, and financial transactions with these regions; freezes assets of persons operating there; and suspends U.S. entry of sanctioned noncitizens.

Federal Register Open PDF 87 FR 10293

Record & deadlines

  1. Signed

    Signed by the President

  2. FR published

    Published in the Federal Register · 87 FR 10293

    Federal Register PDF

  3. All prohibitions in Sections 1 and 2 take effect; prior contracts/licenses notwithstanding

Key directives

  • Prohibit new U.S. person investment in DNR/LNR regions (Sec. 1(a)(i))
  • Prohibit import of goods/services/technology from Covered Regions (Sec. 1(a)(ii))
  • Prohibit export/reexport/sale/supply of goods/services/technology to Covered Regions (Sec. 1(a)(iii))
  • Prohibit U.S. person approval/financing/facilitation/guarantee of foreign person transactions that would be prohibited if done by U.S. persons (Sec. 1(a)(iv))
  • Block property of persons operating in Covered Regions, their leaders, or those supporting sanctioned persons (Sec. 2)
  • Suspend entry of noncitizens meeting section 2 criteria, with discretionary waiver by Secretary of State or DHS (Sec. 6)
  • Authorize Treasury to promulgate rules and regulations (Sec. 10)

Who is ordered

Prior policy

  • othernational emergency declared in Executive Order 13660 of March 6, 2014
  • otherExecutive Order 13661 of March 16, 2014
  • otherExecutive Order 13662 of March 20, 2014

Related orders

What to expect

Immediate

  • Investment, trade, and financial prohibitions take effect upon signing (February 21, 2022)
  • Asset blocking authority activated for Secretary of Treasury determinations
  • Visa and entry suspension takes effect for covered noncitizens

Near term (90d)

  • Treasury/State expected to issue implementing regulations and specific designations
  • Potential expansion of 'Covered Regions' beyond DNR/LNR via Secretary determination

Long term

  • Ongoing sanctions enforcement and compliance monitoring
  • Potential escalation or expansion depending on Russia-Ukraine developments
  • Precedent for geographic sanctions regimes and immigration linkages

Risks & tensions

  • Broad 'Covered Regions' definition allows unilateral expansion by Treasury Secretary without further EO
  • Extraterritorial reach on U.S. persons 'wherever located' creates compliance complexity for multinational firms
  • Immigration sanctions linkage (Sec. 6) creates dual-use pressure but waiver authority provides flexibility
  • No prior notice requirement (Sec. 9) raises due process concerns but is framed as necessity for effectiveness
  • Vague 'materially assisted' standard in Sec. 2(a)(iv) creates uncertainty for third-party service providers
Executive Order 14065: Blocking Property of Certain Persons and Prohibiting Certain Transactions With Respect to Continued Russian Efforts To Undermine the Sovereignty and Territorial Integrity of Ukraine · Executive Orders