Russian foreign ministry warns unilateral maritime restrictions threaten global trade
Russia's foreign ministry says unilateral maritime restrictions risk destabilizing global logistics and threaten 90% of world trade.
On September 22, the European Union decided to lift sanctions on Russian billionaires Alisher Usmanov and Mikhail Fridman, but extended a broader sanctions list that covers over 3,000 individuals and entities for an additional three years, until September 22, 2029. French and Luxembourgian demands for the removal of Usmanov and Fridman, respectively, were key factors in the decision, as their demands required unanimous approval from all 27 EU member states.
The sanctions initially expired on September 15, but a seven-day extension allowed EU countries to negotiate and reach the final decision.
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