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EU Lifts Sanctions on Russian Oligarchs Usmanov and Fridman

The EU has removed Alisher Usmanov and Mikhail Fridman from its sanctions list, according to la Repubblica. Kyiv called the decision “shameful and unjustifiable.”

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What is happening

France and Luxembourg backed the removal of the two oligarchs from the EU blacklist. The source reports that around 3,000 individuals and entities will remain on the list for three years. Kyiv contested the decision.

Why is it on the Radar?

The decision changes the EU’s sanctions status for Usmanov and Fridman, while sanctions remain in place for thousands of other individuals and entities.

Sources and timeline