EU Halts Sanctions Relief for Russian Oligarchs Usmanov and Fridman After Latvian Objections

European Union member state representatives recently reached a tentative agreement to lift sanctions on Alisher Usmanov and Mikhail Fridman, according to reporting by the news agency Reuters. The potential removal of these figures from the bloc’s blacklist is reportedly tied to a broader, comprehensive package that extends sanctions against thousands of other Russian individuals and entities for an unprecedented three-year term, moving past the standard six-month or 12-month renewal cycles.

Diplomatic Maneuvering and Government Demands

The push to drop Usmanov and Fridman originated from specific national requests within the European Union. According to reporting by the Financial Times, France unexpectedly joined Slovakia in early September to demand Usmanov’s removal from the sanctions list. The Financial Times reported that French officials pursued this move as part of an effort to negotiate a prisoner exchange with Azerbaijan to secure the release of several French citizens. Shortly after that development, Luxembourg demanded the removal of sanctions against Fridman, according to Reuters reporting.

National Positions and Procedural Hurdles

Latvia’s Ministry of Foreign Affairs press secretary, Līga Jermacāne, told the Baltic news agency LETA that the decision remains a work in progress at the EU level and that circumstances can still shift significantly. According to LETA, Jermacāne stated that the Ministry would withhold comments on Latvia’s official stance “until the very last moment,” emphasizing that any final measure will require a consensus among all member states as positions undergo harmonization.

Did you know? Standard European Union sanctions renewals against Russian individuals and entities typically occur every six or 12 months, making the proposed three-year extension package a notable shift in policy duration.

Frequently Asked Questions

Who are the oligarchs targeted in the sanctions debate?

The discussions involve Russian individuals Alisher Usmanov and Mikhail Fridman, both of whom were originally placed on European Union sanctions lists following the Russian invasion of Ukraine.

Why did France request the removal of Usmanov?

According to the Financial Times, France pushed for Usmanov’s removal from the blacklist to facilitate a diplomatic exchange with Azerbaijan aimed at freeing detained French citizens.

What is the status of the sanctions decision?

According to the Latvian Ministry of Foreign Affairs, the measure is still under active discussion within European Union structures, where member states continue to coordinate their positions.

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Latvijas iebildumu dēļ apturēts ES lēmums par sankciju atcelšanu Usmanovam un Frīdmanam

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