Hochul orders New York to stop doing business with Russia, invites Ukrainian refugees – NBC New York

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What you should know

  • Gov. Kathy Hochul signed an executive order Sunday banning her state from doing business with Russia
  • The governor also said New York will welcome Ukrainian refugees in response to the Russian invasion
  • The governor’s executive order means that the state “will not permit its own investment activity, directly or indirectly, to assist Russia as it perpetrates these human rights abuses and atrocities.”

New York Gov. Kathy Hochul on Sunday signed an executive order barring her state from doing business with Russia, including canceling its investments there.

The governor also said New York would welcome Ukrainian refugees in response to the Russian invasion, noting at a news conference in Albany that their state is home to the largest Ukrainian population in the US

“We have said that we will open our hearts, our homes, our resources to the people of Ukraine to say, ‘We stand by you,'” Hochul said. Federal estimates show that of the more than 1 million people in the United States who claim Ukrainian ancestry, around 140,000 live in New York.

“If you need shelter, come here, we’ll help you integrate into our community,” she said, “as we’ve been so open to so many other refugees in the past, including those from Afghanistan recently.”

Hochul did not immediately go into details about her state’s economic sanctions against Moscow, but did point out that New York’s economy is bigger than Russia’s.

The governor’s executive order means that the state “will not permit its own investment activity, directly or indirectly, to assist Russia as it perpetrates these human rights abuses and atrocities.”

New York’s iconic landmarks are lit up in blue and yellow in support of Ukraine this weekend.

Ukraine filed a lawsuit in the United Nations Supreme Court, accusing Russia of plotting genocide.

“We strongly condemn the actions of Putin and Russia for this unprovoked attack, which is now leading to atrocities against innocent people, and this is unacceptable,” Hochul said.

New York’s sanctions follow those imposed on Russia’s financial system by President Joe Biden last week. Biden said the US will freeze assets of major Russian banks, impose export controls aimed at the country’s high-tech needs and sanction its business oligarchs.

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