Obama signs Russia sanctions bill, says no new penalties planned

Obama signs Russia sanctions bill, says no new penalties planned

© Larry Downing / Reuters

"My administration will continue to work closely with allies and partners in Europe and internationally to respond to developments in Ukraine and will continue to review and calibrate our sanctions to respond to Russia's actions," Obama said in a statement.

"We remain prepared to roll back sanctions should Russia take the necessary steps."

(Reporting by Jeff Mason; Editing by Eric Walsh)

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