EU removes Usmanov and Fridman from Russia sanctions list as renewal deadline nears
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The EU delisted Russian billionaires Alisher Usmanov and Mikhail Fridman while extending sanctions on nearly 3,000 Russia-linked individuals and companies for three years before a Tuesday deadline. Ireland’s EU presidency called the unanimous compromise difficult after France sought Usmanov’s removal on national security grounds and Luxembourg backed Fridman amid his $16bn lawsuit over frozen assets. Ukraine condemned the decision.
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