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$16 bn or lives of Ukrainians: Kyiv is furious after EU took two of Russia’s richest men off its sanctions list

22 septembre 2026 à 17:39

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The EU locked in its sanctions on Russia for an unprecedented three years this week, and paid for it by letting two of the country's richest men off the list. Alisher Usmanov and Mikhail Fridman were delisted at the insistence of Slovakia, France, and Luxembourg, DW reported.

France pushed to remove Usmanov, a Kremlin-linked metals and telecoms magnate, as part of a secret deal to free prisoners held in Azerbaijan, and Luxembourg pushed to remove Fridman, who is pursuing the country for about $16 billion in arbitration over the losses his sanctions caused, the Financial Times reported.

Kyiv's reaction was immediate and furious

Foreign Minister Andrii Sybiha called the decision shameful and unjustified and urged EU states to impose their own national sanctions on the pair.

"In Moscow, they celebrate, because they got what they wanted: a sense of impunity, humiliation of the European Union, and division among Europeans," he wrote on X.

President Volodymyr Zelenskyy, who raised the issue with European Commission chief Ursula von der Leyen in New York, called the delisting "suicidal and counterproductive."

"Wars end with resolve and strength, not concessions to the aggressor's cronies," he said, thanking von der Leyen for agreeing to work on adding more Russian names to the lists.

At the same time, he stated that he "is grateful to Ursula for her willingness to work on adding more Russian individuals to the EU sanctions lists."

The step was a bargain of durability for names. Rather than roll the sanctions over for the usual six months, the EU previously extended them to 22 September 2029, keeping some 2,600 Russians and companies, including President Vladimir Putin, frozen out for three years, after weeks of deadlock that at one point nearly let the whole regime lapse.

The deal came only after the bloc pushed its deadline back a week to buy time, and its Irish presidency called the result a difficult compromise.

  • ✇Euromaidan Press
  • EU sanctions rollover stalls over Russian oligarch Usmanov as Paris backs Bratislava’s demand to delist him
    The EU's ambassadors failed again on 11 September to extend the bloc's sanctions on individual Russians, days before the listings lapse, according to Radio Free Europe/Radio Liberty's Europe editor Rikard Jozwiak. Slovakia wants two Russian oligarchs delisted, and France now backs the same for one of them, Alisher Usmanov. The EU listed him in 2022 as a pro-Kremlin oligarch close to Russian President Vladimir Putin. Russia has been invading Ukraine since 2014 and waging
     

EU sanctions rollover stalls over Russian oligarch Usmanov as Paris backs Bratislava’s demand to delist him

12 septembre 2026 à 06:04

eu sanctions rollover stalls over russian oligarch usmanov bratislava paris want off blacklist · post alisher close ally president vladimir putin kremlinru kremlin ru ukraine news ukrainian reports

The EU's ambassadors failed again on 11 September to extend the bloc's sanctions on individual Russians, days before the listings lapse, according to Radio Free Europe/Radio Liberty's Europe editor Rikard Jozwiak. Slovakia wants two Russian oligarchs delisted, and France now backs the same for one of them, Alisher Usmanov. The EU listed him in 2022 as a pro-Kremlin oligarch close to Russian President Vladimir Putin.

Russia has been invading Ukraine since 2014 and waging all-out war since 2022, and sanctions are the main instrument the West has outside weapons deliveries to cut the money and the components that keep that war running. Enforcement is where it breaks down: tankers that carry oil and stolen grain without ever being listed, weapons makers whose hundreds of subsidiaries keep buying what the parent company cannot, and arbitration claims filed to force the restrictions off. Every gap left open buys Moscow more time and more ammunition.

France picks up a demand Bratislava has carried for years

Paris has called for the delisting of Usmanov, an Uzbek-born multi-billionaire under EU sanctions since the full-scale invasion in 2022, four EU diplomats told Euronews. His money came out of metals and mining and later out of telecoms and tech holdings. Usmanov denies being close to the Kremlin. Forbes ranks him 10th among Russia's wealthiest people this year, at $14.5 billion.

One diplomat, speaking anonymously because of the sensitivity of the discussions, said the request raised questions about the motive and that it "seems mostly economic reasons at play here." All four diplomats described huge frustration among other member states, against the background of Russia's widening hybrid attacks in Europe, among them the explosive-laden drone found beside a Ukrainian cargo plane at Leipzig airport. A French official said Paris supports renewing the sanctions but would not discuss the negotiations.

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Slovakia holds out for two names

Bratislava has pushed for years to remove both Usmanov and a second Russian oligarch, Mikhail Fridman, and it repeated the demand when the sanctions were last extended in March. Slovak Prime Minister Robert Fico's government has threatened to block EU decisions on Ukraine before, and it halted all military aid to Kyiv in January. It has opposed the rollover across several ambassadors' meetings and wants the six-month review cycle kept.

Paris pitched the move as a political trade-off, wagering that Bratislava would stand by both of its delisting demands this time instead of dropping them as it did at the last renewal, Euronews reported.

The Hemicycle of the European Parliament in Strasbourg during a plenary session in 2014.
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What runs out on 15 September

The deadline falls on 15 September. The listings at stake cover around 2,600 people and companies by the Council's own count, while Euronews puts the whole regime at more than 3,000, from arms-industry firms to individuals the bloc blames for sustaining the war against Ukraine. Individual listings have run in six-month blocks, and a 12-month cycle is now under discussion. The bloc's economic measures switched to annual renewals over the summer, and a July package added 218 names. Renewal requires unanimity, so one capital can let everything lapse. Ambassadors return to it on Monday.

How the last delisting in Usmanov's family was arranged

Recordings of a 2024 call, published this spring, showed Russian Foreign Minister Sergei Lavrov asking Hungary's then-foreign minister, Péter Szijjártó, to help remove Usmanov's sister, Gulbahor Ismailova, from the list. The Hungarian minister replied that his country and Slovakia were submitting a delisting proposal together. Ismailova came off the list in March 2025.

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