EU scrambles to renew Russia sanctions as France blocks over Usmanov exemption
The EU is in last-minute negotiations to renew sanctions against Russia, stalled by France's request to exempt oligarch Alisher Usmanov. A meeting of the 27 member states took place in Brussels on Monday morning, but no agreement has been reached. If sanctions expire, the EU's Russia sanctions regime would lapse, a significant geopolitical development.
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EU Russia Sanctions: Usmanov, Fridman Delisting Amid Renewal Negotiations
The EU is in the final stages of renewing its Russia sanctions regime, with an agreement pending. Multiple sources claim the renewal will include the delisting of oligarchs Alisher Usmanov and Mikhail Fridman, reportedly due to pressure from France and Slovakia. This development indicates internal divisions within the EU regarding sanctions policy and potential legal vulnerabilities.