The EU Has Extended Sanctions Against Russia For Three Years

But he excluded two Russian oligarchs.

European Union officials have agreed to extend sanctions against Russia—which apply to 3,000 individuals and entities—for three years. However, two Russian oligarchs have been removed from the sanctions list, according to Reuters reports, citing European diplomats.

It is noted that EU representatives agreed to remove Russian billionaires Alisher Usmanov and Mikhail Fridman from the sanctions list in exchange for a three-year extension of the sanctions. Latvia opposed this decision until the very end.

The agency noted that unanimous support is required to extend the sanctions. Previously, they were extended every six months.

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