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Europe lifts sanctions against two Russians

Europe lifts sanctions against two Russians

Summary

The European Union has removed two Russian billionaires, Alisher Usmanov and Mikhail Fridman, from its sanctions list. At the same time, the EU extended sanctions on nearly 3,000 people and companies connected to Russia’s war in Ukraine for another three years.

Key Facts

  • The EU sanctions list initially included Alisher Usmanov and Mikhail Fridman, both Russian billionaires.
  • The EU has now decided to take these two individuals off the sanctions list.
  • Sanctions on about 3,000 other Russians and companies linked to the war in Ukraine were extended for three more years.
  • EU sanctions require agreement by all 27 member countries before they can be changed.
  • The decision came after difficult talks among EU member states.
  • These sanctions are part of the EU’s response to Russia’s invasion of Ukraine.
  • The move reflects ongoing decisions related to the conflict and political relations with Russia.
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