List Deadline

• The European Union removed oligarchs Alisher Usmanov and Mikhail Fridman from its Russia sanctions list this week. • Ireland’s EU presidency described the decision to delist the two men as a difficult compromise for the bloc. • The move follows a last-minute objection on Monday from the Latvian government, which is facing parliamentary elections on October 3.

Alisher Usmanov and Mikhail Fridman delisted in what Ireland’s EU presidency called ‘a difficult compromise’ for the blocThe EU has agreed to remove two Russian billionaires, Alisher Usmanov and Mikhail Fridman, from its sanctions list, while extending restrictions on nearly 3,000 individuals and companies accused of supporting the war on Ukraine for the next three years.With an end-of-Tuesday deadline looming to preserve the Russia blacklist, the EU’s 27 member states found a compromise that meant delisting the two oligarchs in spite of very few countries wanting this outcome. EU sanctions have to be approved unanimously. Continue reading...