EU sanctions relief for Mikhail Friedman and Alisher Usmanov did not restore their access to assets and funds in the West. Both remain under UK and US sanctions, so European banks and companies will take this into account in any transactions.

#LetterOne #AlisherUsmanov #AlfaGroup #EuropeanUnion #Luxembourg #MihailFridman

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While ordinary Russians are being denied the opportunity to obtain visas to the EU, sanctions are being lifted from two emblematic figures of Putin’s Russia. The negative consequences of this decision are clear. But are there any positive ones? 

#AlisherUsmanov #Analytics #VladimirPutin #WarinUkraine #doublestandards #EuropeanUnion #compromises #Luxembourg #MikhailFridman #oligarchs #sanctions #France #elites

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Bloomberg reported that after the EU lifted sanctions on Alisher Usmanov and Mikhail Fridman, other wealthy Russian businessmen began to study their experience of challenging the restrictions more closely. According to the agency’s survey, many do not expect sanctions to be lifted quickly, but at least two intend to use Fridman’s example in their own lawsuits.

#bloomberg #ChathamHouse #AlisherUsmanov #Luxembourg #MikhailFridman #EUsanctions

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The European Union lifted sanctions on Alfa-Bank co-founder Mikhail Friedman and businessman Alisher Usmanov. Bloomberg, citing a source, writes that this came as a surprise to Friedman.

#Azerbaijan #AlisherUsmanov #VladimirPutin #EuropeanUnion #Luxembourg #MikhailFridman

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EU countries agreed to remove Alisher Usmanov and Mikhail Fridman from the sanctions list and at the same time extend restrictions against the remaining nearly 3,000 Russia-linked individuals and legal entities for three years. The decision was made unanimously after pressure from France and Luxembourg; Latvia objected until the very end.

#AlisherUsmanov #EuropeanUnion #Latvia #Luxembourg #MikhailFridman #France

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