The European Union extends sanctions against Russia: Alisher Usmanov is removed from the list
The decision was approved after Latvia withdrew its previous objection and abstained from the vote.
European Union countries have agreed to extend the current sanctions against Russia for three years. At the same time, Russian billionaires Alisher Usmanov and Mikhail Fridman will be removed from the sanctions list.
This decision was reached after Latvia withdrew its previous objection and abstained from the vote. In the European Union, the consent of all member states is required to impose or extend sanctions.
Previously, sanctions against Russia were reviewed every six months. Under the new agreement, restrictions on the remaining nearly 3,000 individuals and legal entities on the list will be extended for three years.
The decision will be officially adopted after the so-called «written procedure» is completed.
In early September, France proposed removing Usmanov from the European Union sanctions list. Paris cited national security-related concerns as the reason.
Subsequently, Luxembourg also demanded that the same measure be applied to Fridman. Fridman has filed a $16 billion lawsuit against Luxembourg.
