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EU strips two Russian oligarchs from sanctions list, prompting Norwegian debate

The EU voted to remove Alisjer Usmanov and Mikhail Fridman from its sanctions roster, drawing sharp criticism from Ukraine and sparking a debate in Norway over whether to follow suit.

The European Union has decided to erase two of Russia’s wealthiest businessmen, Alisjer Usmanov and Mikhail Fridman, from its sanctions register, a move prompted by lobbying from France, Slovakia and Luxembourg and tied to a prisoner-exchange arrangement with Azerbaijan. Ukraine’s foreign minister described the step as “shameful and indefensible,” and Moscow celebrated it as a triumph. Norway’s foreign ministry noted that it has been mirroring EU sanction updates in national law but did not state whether the duo will be removed from Norway’s list.

Lithuania, Estonia and Latvia announced they will impose their own sanctions on the oligarchs. Former diplomat Eirik Bergesen interprets Norway’s response as broadly supporting the EU line, while Green Party MP Julie Stuestøl urges tougher Norwegian measures, including closing ports to Russian ships. Analysts warn the delisting could allow the oligarchs to regain access to assets frozen in Europe.

Why it matters

The delisting could let Russian oligarchs recover frozen assets and signals shifting Western pressure on Russia.

How this story developed

  1. Sep 12 Zelensky denounces EU talks to lift sanctions on Russian oligarchs
  2. Sep 15 EU Coreper authorized a week‑long postponement of the sanctions expiry.
  3. Sep 17 The European Commission will disburse €3.3 billion to Ukraine for missile and drone purchases, announced by Ursula von der Leyen following a call with President Volodymyr Zelenskyy.
  4. Sep 22 EU announced a €3.3 billion release for Ukrainian missile and drone purchases.
  5. Sep 22 Latvia announced it will not back the proposal to delist Usmanov and Fridman, prompting an emergency cabinet meeting.
  6. Sep 23 Latvia ultimately abstained in the EU vote, enabling renewal of the wider sanctions package while accepting the delisting of Usmanov and Fridman.

In this story

EU sanctionsRussian oligarchsUsmanovFridmanNorway sanctions policyUkraine criticismFrench pressureBaltic states sanctionsasset freeze
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