EU Extends Russia Sanctions for 3 Years, Delists 2 Oligarchs
While the EU ambassadors have finally agreed to extend sanctions on nearly 3,000 Russian individuals and entities after several failed attempts, the new sanctions will not include the previously disputed oligarchs, Alisher Usmanov and Mikhail Fridman. The decision has raised frustration among member states, while Kyiv condemned the move as unacceptable.
The European Union has extended sanctions against Russia for an additional three years, delisting two oligarchs – Mikhail Fridman and Alisher Usmanov – from its blacklist. The EU ambassadors reached a compromise to maintain restrictive measures against 3,000 other individuals and entities for the full three-year period, rather than the usual shorter extensions.
This decision has sparked controversy, with Ukrainian Foreign Minister Andrii Sybiha criticizing the delisting as sending the wrong signal to Moscow. Slovakia's demand for the delisting, combined with France's objections, caused frustration among EU members, who insisted on maintaining the sanctions. Usmanov, an Uzbek-born Russian billionaire, and Fridman, an Israeli-Russian businessman with ties to Putin, are linked to Russia's war efforts in Ukraine.
The EU's sanctions package, adopted in July, also targets Russian vessels, financial institutions, and businesses supporting the war.
Written by urgent.news from Kyiv Post's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
