Transcript for Obama Warns Russia Over Military Intervention in Ukraine
Good afternoon -- -- Over the last several days the investors have been responding to events as they unfold in Ukraine. -- throughout this crisis we have been very clear about one fundamental principle. The Ukrainian people deserve the opportunity to determine their own future. Together -- our European allies we have urged an end the violence and encouraged ukrainians to pursue -- course. Which they stabilize their country. Forge a broad based government and move to elections this spring. I also spoke several days ago with president -- And my administration has been in daily communication with the Russian officials. And we make clear that they can be part of an international community's effort. To support the stability and success of the united Ukraine going forward. Which is not only in the interest people -- Ukraine and the international community but also in Russia's interest. However we are now deeply concerned by reports of military movements taken by the Russian Federation inside of Ukraine. Russia has the historic relationship -- Ukraine including cultural and economic times and a military facility in Crimea. But any violation of Ukraine's sovereignty and territorial integrity would be deeply to stabilizing. Which is not -- -- accrued interest of Ukraine. Russia or you're. Who would represent a profound interference in matters that must be determined by the Ukrainian people. It would be a clear violation of Russia's commitment to respect the independence and sovereignty. And borders of Ukraine. And of international Waltz. And just days after the world came to Russia for the Olympic Games it would invite the condemnation of nations around the world. And indeed the United States will stand with the international community in affirming that there will be costs for any military intervention in Ukraine. The events of the past several months remind us of how. Difficult democracy can be in a country with these divisions. But the Ukrainian people have also reminded us that human beings have a universal right to determine their own future. Right now the situation remains very forward. Vice President Biden just spoke with prime minister -- The prime minister of Ukraine to assure him that in this difficult moment the United States supports is government's efforts. And stands for its sovereignty territorial integrity and democratic future Ukraine. I also command of the Ukrainian government's restraint and its commitment to uphold its international obligations. We will continue to coordinate closely with our European allies -- -- community continue to communicate directly with the Russian government. And we will continue to keep all of you in the press corps and the American people informed. As events develop. Thanks very much.
This transcript has been automatically generated and may not be 100% accurate.