EU Removes Sanctions from Fridman and Usmanov

After France demanded the lifting of sanctions against Usmanov, Luxembourg advocated for the lifting of sanctions against Friedman.

Consensus

The European Union removed sanctions against Mikhail Fridman and Alisher Usmanov.
Fridman was surprised by the removal of sanctions and had nearly lost hope of relief.
Fridman had filed a $16 billion lawsuit against Luxembourg over frozen assets.
France and Slovakia pushed for the removal of sanctions from Usmanov.
Luxembourg supported the removal of sanctions from Fridman due to the lawsuit.
Latvia opposed the removal of sanctions from both businessmen.
The EU extended the sanctions list against Russia for three years as part of the agreement.
The decision was made after a week-long negotiation period following the expiration of the sanctions list.

Ireland proposed a compromise to keep Usmanov on the list but lift some restrictions, such as freezing assets and travel bans. — tg_tvrain
The EU extended the sanctions list for three years as a condition of the deal, and this was the result of negotiations after the initial one-week extension. — meduza
Putin reportedly told Fridman and Usmanov during private meetings that the sanctions were not his concern and they should resolve them themselves. — tg_agentstvonews
The EU also removed sanctions from Andrey Falaleev, the former rector of the Crimean Federal University. — tg_echoonline_news