EU Set to Lift Sanctions on Russia-Linked Usmanov, Fridman, EU Diplomats Say
The compromise would extend sanctions on nearly 3,000 Russian targets for up to 36 months, diplomats said.
- EU ambassadors failed to reach consensus on Monday to renew sanctions against nearly 3,000 Russian entities and individuals after France and Slovakia blocked the vote demanding delisting of specific oligarchs.
- Sanctions are set to expire Tuesday, requiring unanimous approval from all 27 member states, yet France and Slovakia have stalled renewal by insisting on removal of billionaires Alisher Usmanov and Mikhail Fridman.
- Paris has cited "national security" concerns for the request, which reports link to a potential prisoner release deal involving French nationals held in Azerbaijan, while Slovakia has advocated for the delistings for some time.
- Following failed morning sessions, diplomats reconvened Monday afternoon with the "aim of finalizing agreement," though failure to secure unanimous support could cause the entire sanctions regime, including measures against Russian President Vladimir Putin, to lapse.
- Ukraine's sanctions envoy Vladyslav Vlasiuk criticized the potential delistings, stating "delisting without a fundamental change in conduct sends exactly the wrong signal: pressure is temporary, accountability is negotiable.
113 Articles
113 Articles
France requested the withdrawal of the oligarch Ousmanov, Luxembourg, from Mikhail Fridman. ...
The European Union is nearing a deal to break the deadlock over sanctions on Russia, after France demanded the removal of Russian-Uzbek billionaire Alisher Usmanov from the blacklist. According to diplomats quoted by Euronews, a compromise proposed by the Irish presidency of the EU Council envisages the removal of Usmanov and another Russian businessman, Mikhail Fridman, from the list, in exchange for an extraordinary 36-month extension of the s…
The EU wants to remove the Russian billionaires Alish Usmanov and Mikhail Fridman from the sanctions list. Russia sanctions are to be extended for this purpose.
EU ambassadors agreed to extend sanctions against thousands of Russian people and entities for a three-year period, in a compromise that would remove two oligarchs from the blacklist of the EU bloc, a European officer familiar with this issue told TVP World.
(Brussels=Yonhap News) Correspondent Hyun Yun-kyung = The European Union (EU) has tentatively agreed to lift sanctions on two Russian business tycoons by accepting France's demands...
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