Skip to main content

Hochul Halts Business Dealings Between New York and Russia

Email share
Members of the Ukrainian Community Gather Outside of the State Capitol
Credit: New York NOW

“These are our fellow brothers and sisters," Hochul said.

In response to the escalating Russia-Ukraine crisis, Gov. Kathy Hochul signed an executive order Sunday to immediately stop business transactions between New York state and Russia.

To support that decision, the executive order states: “Russia and Putin have engaged in an unjustified and unprovoked attack on the sovereign nation of the Ukraine.”

Hochul also announced that the office of the state comptroller is reviewing current state investments, to see if they are beneficial to Russia.

“These are our fellow brothers and sisters. We worship with them, we go to restaurants with them, we celebrate their cultural festivals. They’re an important part of the fabric of New York State,” Hochul said.

“So an attack on their country is truly an attack on all of us.”

That order coincides witheconomic sanctions from the Biden administration, meant to dissuade Russia from taking further action against Ukraine.

There was also an anti-war demonstration outside of the Capitol Sunday afternoon, with members of the Ukrainian community calling for support from New York, and the country as a whole.

One protestor, named Mykhailo, said he supports sanctions against Russia, and applauded Hochul’s executive order, but did say that his home country needs more help.

“We like to support everything that we get from here, but we would like a little bit more,” he said. “We want more weapons, probably, for the Ukrainians.”

That comes asreports have surfaced of Ukrainians fighting Russian forces on the ground.

Sunday’s announcement comes less than a week after Gov. Hochul announced thenewly-formed Joint Security Operations Center, or JSOC, would be monitoring the possibility of Russian cyber-attacks as the crisis continues.

Related: 

New York Preps for Cyber Attacks Amid Russia-Ukraine Crisis

Gov. Kathy Hochul said Tuesday that, given the tension between Russia and the United States over Ukraine, cybersecurity would be a top priority for the state moving forward.