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CED’s Policy Backgrounders provide timely insights on prominent business and economic policy issues facing the nation.
Russian President Putin signed decrees on the annexation of the regions of Donetsk, Kherson, Luhansk, and Zaporizhzhia into Russia. However, Russia noted that the borders of the regions remained unclear, with Kremlin spokesperson Dmitry Peskov saying that “we are talking about the territory in which the military-civil administration operated at the time of admission [to Russia] but noting that “certain territories there will be returned, and we will continue to consult with the population that expresses a desire to live with Russia.” UN Secretary General António Guterres called the annexations a “dangerous escalation,” saying the move “would have no legal value and deserves to be condemned.” The UN Security Council voted 10-1, with four abstentions, to condemn the annexations, but Russia exercised its veto. Russia said that it would incorporate “de jure” parts of the regions it did not control and consider attacks there as acts of aggression against Russia.
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