Putin Formally Annexes Crimea, City Of Sevastopol To Russian Federation

And there it is:

• PUTIN ASKS FOR CRIMEA, CITY OF SEVASTOPOL TO BE ADDED TO RUSSIA
• PUTIN SAYS WILL SUBMIT DRAFT LAW ON BRINGING CRIMEA INTO RUSSIA TO PARLIAMENT ON TUESDAY
• PUTIN CALLS FOR RATIFICATION OF TREATY ON CRIMEA, SEVASTOPOL

And the inevitable conclusion:

• RUSSIA, CRIMEA, SEVASTOPOL SIGN AGREEMENT ON ENTERING ACCESSION
• REPUBLIC OF CRIMEA CONSIDERED PART OF RUSSIA FROM DATE OF SIGNING AGREEMENT - KREMLIN

The Kremlin's official statement, google translated:

Treaty between the Russian Federation and the Republic of Crimea on the adoption of the Russian Federation in the Republic of Crimea and the formation of the Russian Federation signed new subjects March 18, 2014 in the Kremlin.

The document bears the signature of the President of the Russian Federation Vladimir Putin , President of the State Council of the Republic of Crimea Vladimir Konstantinov , Chairman of the Council of Ministers of Crimea Sergey Aksenov and chairman of the Coordinating Council on the organization of the Sevastopol city administration for Life Sevastopol Alexey Chaly .

***

Contract based on the freely expressed will of the peoples and voluntary obschekrymskom Crimea on a referendum held in the Autonomous Republic of Crimea and Sevastopol city March 16, 2014 , during which the people of Crimea decided to reunite with Russia.

Republic of Crimea is considered to be adopted in the Russian Federation from the date of signing the Agreement . Since the adoption of the Russian Federation in the Republic of Crimea, the Russian Federation formed new entities - Republic of Crimea and the federal city of Sevastopol.

The text of the Agreement includes a preamble and ten articles which set out provisions relating to the adoption of the Russian Federation in the Republic of Crimea and education in the Russian Federation new subjects , including provisions for the new territories of the Russian Federation , the citizenship of the population , public authorities of the subjects of the Russian Federation.

Under the Treaty, since the adoption of the Russian Federation and the Republic of Crimea education in the Russian Federation and new subjects to January 1, 2015 the transitional period during which resolved the issues of integration of new subjects of the Russian Federation in the economic, financial , credit and legal system of the Russian Federation , in the system of state authorities of the Russian Federation , as well as issues of military duty and military service in the territories of the Republic of Crimea and Sevastopol city of federal significance.

Legislative and other normative legal acts of the Russian Federation within the Republic of Crimea and Sevastopol city of federal importance of the adoption of the Russian Federation in the Republic of Crimea and education in the Russian Federation new subjects , unless otherwise provided by the legislation of the Russian Federation.

Normative legal acts of the Autonomous Republic of Crimea and the city of Sevastopol , Republic of Crimea and the city with special status of Sevastopol operate in the territories respectively of the Republic of Crimea and Sevastopol city of federal significance until the end of the transition period or until the adoption of the relevant normative legal act of the Russian Federation and (or) the normative legal acts of the Republic Crimea, a normative legal act of the Russian Federation and (or) a normative legal act federal city of Sevastopol.

Normative legal acts of the Autonomous Republic of Crimea and the city of Sevastopol , Republic of Crimea and the city with special status of Sevastopol, contrary to the Constitution of the Russian Federation shall not apply.

Treaty shall be ratified in accordance with Article 15 of the Federal Law "On International Treaties of the Russian Federation" and in accordance with Article 10 of the Treaty.

And the English version, notably shorter:

Vladimir Putin signed Executive Order On Executing the Agreement between the Russian Federation and the Republic of Crimea on the Admission of the Republic of Crimea into the Russian Federation and the Creation of New Constituent Entities within the Russian Federation.

The document reads:

1. To approve the draft Agreement between the Russian Federation and the Republic of Crimea on the Admission of the Republic of Crimea into the Russian Federation and the Creation of New Constituent Entities within the Russian Federation.

2. To consider it expedient to sign the Agreement envisaged hereunder at the highest level.

And futures, stocks, and risk in general is soaring, sending the Kremlin precisely the message it needs to know that there is absolutely nothing wrong with this. Perhaps if Russia had annexed all of Ukraine, or the Baltics, or maybe even Poland, the S&P would have soared over 2000 already?

Credit to Zero Hedge