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EU extends Russia sanctions for 36 months as Fridman and Usmanov are delisted EU extends Russia sanctions for 36 months as Fridman and Usmanov are delisted

EU extends Russia sanctions for 36 months as Fridman and Usmanov are delisted

The European Union has agreed to extend its sanctions regime on Russia for 36 months while removing Russian billionaires Mikhail Fridman and Alisher Usmanov from the blacklist. The compromise was reached after days of disagreement among member states and came as a deadline approached for renewing the measures linked to Russia's war in Ukraine. Ireland, which holds the EU's rotating presidency, said the decision would keep the wider sanctions framework in place until 22 September 2029.Diplomats said Latvia dropped its veto after sustained opposition to the exemptions, allowing the deal to go through. The agreement keeps sanctions on about 3,000... [Continue Reading]

360LiveNews 360LiveNews | 23 Sep 2026 00:59 LONDON
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