Sanctions Under Siege
When I first heard the news that the European Union was removing sanctions on Alisher Usmanov and Mikhail Fridman, I felt a familiar pang of unease. The decision came with all the hallmarks of political compromise—backroom deals, shifting allegiances, and an uneasy truce that only seemed to benefit those who had long held power in Moscow. It wasn't just about two men; it was about what these actions meant for the broader narrative of international justice and the resolve of democratic nations.
The Human Cost of Political Calculus
For Ukraine, this moment is more than symbolic—it's visceral. The country has been on a relentless path since February 2022, fighting not only for its territorial integrity but also for its very identity as a sovereign nation resisting aggression. Every decision by the EU, every policy shift, carries weight in that struggle.
"Moscow is celebrating because it got what it wanted: a sense of impunity, the humiliation of the EU, and division among Europeans," Ukrainian Foreign Minister Andriy Sybiha said on X.
Sybiha's words were more than a diplomatic jab—they were a stark reminder that in wartime, even the smallest moves can signal to an enemy that they are winning. The removal of these names from the sanctioned list sends a message that is loud and clear: those who finance war and support dictatorship will not be punished.
Usmanov's Influence and Allegiance
Alisher Usmanov, the Russian-Uzbek billionaire with ties to Arsenal and Everton, is more than a businessman—he's a political player. He was among the first to offer financial backing for Putin's rise to power in the early 2000s, and his company USM Holding has long been one of Russia's most significant industrial conglomerates. His decision to keep quiet about the war in Ukraine speaks volumes.
He's not just a man who has made millions off of Russia's economy; he is a man who has helped build the foundations of the regime that now threatens the world order. That is why removing him from sanctions feels like giving a convicted criminal a reprieve, even if it's through legal maneuvering.
Fridman's Complicated Legacy
Mikhail Fridman, a Russian-Israeli businessman with deep roots in energy and finance, presents a different but no less troubling portrait. His approach to the war has been measured, diplomatic, even cautious. He has not condemned the invasion outright—a silence that many interpret as complicity.
Fridman's own statement on the war is telling: he hopes it ends soon, but does so without naming the man responsible. In doing so, he distances himself from accountability while still remaining part of a system that enables it. That is what makes his removal from sanctions all the more troubling—it erodes the principle that power should come with responsibility.
Latvia's Dilemma and the Larger Game
Latvia, initially opposed to the EU move, found itself caught in the middle of a larger game. The country's decision to eventually abstain was driven not only by national pride but also by its own internal reckoning with Russian influence. Pyotr Aven, Fridman's business partner and another key figure linked to Putin, was stripped of Latvia's highest civilian honor for failing to denounce the war in Ukraine.
That decision may have influenced Latvia's eventual vote. But more importantly, it highlighted a crucial truth: countries like Latvia are not just playing by the rules set by others—they are writing their own stories in the face of aggression.
The Compromise and Its Consequences
The EU's final compromise was clever—instead of removing sanctions entirely, they extended them for another three years. It's a move that buys time, but it also suggests that even as they continue to sanction, they are slowly losing the urgency and moral clarity that should define such decisions.
But perhaps more than anything else, this is a moment of collective fatigue. The West has spent two years trying to hold Russia accountable, only to find that the cost of maintaining sanctions can be higher than the cost of yielding to pressure. And yet, that very cost is exactly what makes it important.
Sanctions as Symbolic Currency
In a world where economic leverage has become one of the most powerful tools of foreign policy, sanctions are not just about freezing bank accounts or blocking trade—they're about sending a message. When those messages begin to weaken, when they lose their bite, it means we are slowly losing the moral high ground.
The decision to lift sanctions on Usmanov and Fridman isn't just about removing two names from a list. It's about how far we're willing to let power go unchecked in the name of diplomacy or political expediency. It raises questions that don't just affect Ukraine—it affects every nation trying to stand firm against authoritarianism.
Looking Ahead: The Real Test
As the EU tries to find its footing in this new reality, the real test will be whether it can maintain its resolve or whether the pressure of national interests will continue to erode the international consensus. We may see more such compromises—more moments where political convenience trumps moral clarity.
But for now, I remain concerned about what this says about the broader war against Russian influence. If we allow even one oligarch like Usmanov or Fridman to escape accountability, we risk signaling that some individuals and nations are above the rules—something that could have dangerous consequences for global order.
This isn't just a European issue. It's a question of what kind of world we want to live in—one where accountability matters, or one where money and influence decide everything.
Key Facts
- EU removes sanctions on Alisher Usmanov and Mikhail Fridman: The European Union lifted sanctions on two Russian oligarchs following Russia's full-scale invasion of Ukraine in 2022.
- Ukraine's reaction to EU decision: Ukrainian officials called the removal of sanctions "unacceptable" and said it sent the wrong signal to Moscow.
- Usmanov's business involvement: Alisher Usmanov founded USM Holding, an investment group that owns iron, steel, copper suppliers, and the Megafon telecommunications company.
- Fridman's business involvement: Mikhail Fridman is the founder of the Alfa Group investment conglomerate with key interests in energy and banking.
- Latvia's initial opposition to EU move: Latvia initially opposed the EU decision but eventually abstained after a compromise was reached involving extended sanctions on nearly 3,000 individuals.
- EU's compromise on sanctions: The EU agreed to extend sanctions for three years instead of removing them entirely, as part of a compromise deal.
- Andriy Sybiha's statement: Ukrainian Foreign Minister Andriy Sybiha said Moscow was celebrating the removal of sanctions as it gained a sense of impunity and division among Europeans.
- Pyotr Aven's role in Latvia's position: Pyotr Aven, Fridman's business partner, was stripped of Latvia's highest civilian honor for failing to denounce the war in Ukraine.
Background
The European Union has removed sanctions on two Russian oligarchs, Alisher Usmanov and Mikhail Fridman, following Russia's full-scale invasion of Ukraine in February 2022. This move has sparked anger in Ukraine and raised concerns about international accountability. The decision was influenced by political pressures from member states such as France and Luxembourg, with Latvia initially opposing the removal but later changing its stance after a compromise was made to extend sanctions on nearly 3,000 other individuals and entities for three years.
Quick Answers
- What is the EU's decision regarding Russian oligarchs?
- The European Union is removing sanctions on Alisher Usmanov and Mikhail Fridman, who were previously sanctioned following Russia's invasion of Ukraine.
- Who is Alisher Usmanov?
- Alisher Usmanov is a Russian-Uzbek billionaire who founded USM Holding, an investment group with significant interests in steel, copper, and telecommunications. He has been described as a pro-Kremlin oligarch with close ties to Russian President Vladimir Putin.
- Who is Mikhail Fridman?
- Mikhail Fridman is a Russian-Israeli businessman who founded the Alfa Group investment conglomerate. He has been described as a top Russian financier and enabler of Putin's inner circle.
- Why is Ukraine angry about this decision?
- Ukraine is angry because it believes the removal of sanctions sends the wrong signal to Moscow, indicating that those who support authoritarianism will not be punished for their actions.
- What did the EU do as part of a compromise?
- The EU agreed to extend sanctions on nearly 3,000 other individuals and entities for three years instead of removing them entirely.
- When was the EU decision announced?
- The decision to remove sanctions was reported to have occurred around September 22, 2026, with the final compromise reached shortly afterward.
- What did Ukrainian Foreign Minister Andriy Sybiha say?
- Andriy Sybiha said Moscow was celebrating the removal of sanctions because it gained a sense of impunity and division among Europeans.
- How did Latvia initially respond to the EU decision?
- Latvia initially opposed the EU move but later changed its vote to abstain after a compromise was reached involving extended sanctions on nearly 3,000 individuals and entities.
Frequently Asked Questions
Why are Alisher Usmanov and Mikhail Fridman being removed from EU sanctions?
The European Union lifted sanctions on them due to political pressures, with France supporting the removal citing national security concerns and Luxembourg advocating for Fridman's release.
What does the EU's compromise mean for future sanctions?
The EU's compromise means that sanctions will be extended for three years instead of being lifted entirely, providing temporary relief but maintaining pressure on nearly 3,000 other individuals and entities.
What is the significance of Usmanov's ties to Putin?
Usmanov's close ties to President Putin have led to his designation as a pro-Kremlin oligarch, which influenced the EU's decision to lift sanctions despite previous criticism.
How did Fridman respond to the war in Ukraine?
Fridman avoided outright condemnation of the invasion, instead expressing hope that it would end soon without naming the responsible party, which many interpreted as complicity.
What impact does this decision have on international justice?
This decision raises questions about accountability in international justice and whether political expediency is outweighing moral clarity in maintaining sanctions against those who support authoritarianism.
Source reference: https://www.bbc.co.uk/news/articles/c6dj4k98107do





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