EconomyLens.com
No Result
View All Result
Monday, September 14, 2026
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials
EconomyLens.com
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials
No Result
View All Result
EconomyLens.com
No Result
View All Result
Home Economy

EU extends Russia sanction deadline

Natalie Fisher by Natalie Fisher
September 14, 2026
in Economy
Reading Time: 5 mins read
A A
2
19
SHARES
236
VIEWS
Share on FacebookShare on Twitter

Uzbek-born Russian businessman Alisher Usmanov was placed on the EU sanctions list in 2022 . ©AFP

Brussels (Belgium) (AFP) – EU countries on Monday delayed a deadline for prolonging sanctions on Russia over the Ukraine war after France pushed for billionaire Alisher Usmanov to be removed from a blacklist. The European Union blacklist of almost 3,000 individuals and entities — which needs to be extended every six months — was set to expire by Wednesday. But ambassadors from the 27 EU member states pushed back the deadline one week after the late efforts from Paris to remove 73-year-old Uzbek-Russian metals tycoon Usmanov drew opposition.

Related

Canada makes pitch as safe place to invest in ‘uncertain world’

US invites Venezuela to G20 energy summit

France, Iraq deepen energy, defence ties during Zaidi visit

US hosts G20 ‘energy abundance’ talks amid Iran war shock

Canada’s Carney seeks closer Europe ties to counter hostile US

Usmanov, a former major shareholder in Arsenal football club, was placed on the EU sanctions list in 2022 over what Brussels said were his close ties to the Kremlin. “Consultations will continue, and further discussions are expected to be held,” a spokesman for Ireland, which holds the EU’s rotating presidency, said. “Renewal of the listings is essential to continue undermining Russia’s war machine, and keeping the pressure on those individuals and entities supporting, enabling and benefitting from it,” the spokesman said.

EU diplomats said France took its counterparts by surprise by supporting a Slovakian request to take Usmanov off the list. Diplomats said France did not give a clear reason beyond saying it was for “national security.” French officials confirmed they were seeking to remove Usmanov but did not detail their motives. The Financial Times reported that Paris was making the push as part of a prisoner release deal involving several French citizens held in Azerbaijan, citing people familiar with the issue.

French Foreign Minister Jean-Noel Barrot told AFP Monday only that “discussions are currently underway at the technical level in Brussels” and he expected them to conclude soon. Diplomats from multiple EU countries said there was widespread reluctance for the bloc to be seen to be weakening its sanctions on Moscow. EU countries had been instead been looking to extend the length of the sanctions from six months to a year as they seek to keep pressure on Moscow.

The EU’s sanctions include key figures including Russian President Vladimir Putin and Foreign Minister Sergei Lavrov. Ukrainian President Volodymyr Zelensky, in his daily address, said: “It is definitely not the time to lift sanctions. He added: ‘It is definitely not the time to rescue Russian oligarchs from sanctions. And it is definitely not the time for Europe to be giving gifts to Russia.”

© 2024 AFP

Tags: EURussiasanctions
Share8Tweet5Share1Pin2Send
Previous Post

‘I am the hoax buster’: Trump rejects AI danger warnings

Next Post

Doomers and boosters: who’s who in the AI wars

Natalie Fisher

Natalie Fisher

Related Posts

Economy

Lights out in Laos as electricity exports surge

September 12, 2026
Economy

Europe saw record summer air traffic despite Mideast war: Eurocontrol

September 11, 2026
Economy

US braces for inflation report that may push Fed to hike rates

September 10, 2026
Economy

Carney says in touch with Trump, Canada ready for ‘fair’ trade deal

September 10, 2026
Economy

What to know about Trump’s $5,000 ‘dividend’ pledge

September 10, 2026
Economy

UAE to invest 40 billion euros in Germany, including for data centres: Berlin

September 11, 2026
Next Post

Doomers and boosters: who's who in the AI wars

Most markets drop as oil extends gains ahead of expected US rate hike

0 0 votes
Article Rating
Subscribe
Notify of
guest
guest
2 Comments
Oldest
Newest Most Voted
  • Trending
  • Comments
  • Latest

New York ruling deals Trump business a major blow

September 30, 2024

Elon Musk’s X fights Australian watchdog over church stabbing posts

April 21, 2024

Women journalists bear the brunt of cyberbullying

April 22, 2024

France probes TotalEnergies over 2021 Mozambique attack

May 6, 2024

New York ruling deals Trump business a major blow

104

Ghanaian finance ministry warns against fallout from anti-LGBTQ law

74

Shady bleaching jabs fuel health fears, scams in W. Africa

71

Stock markets waver, oil prices edge up

65

Doomers and boosters: who’s who in the AI wars

September 14, 2026

EU extends Russia sanction deadline

September 14, 2026

‘I am the hoax buster’: Trump rejects AI danger warnings

September 14, 2026

US stocks retreat on AI warnings as oil prices, bond yields rise

September 14, 2026
EconomyLens Logo

We bring the world economy to you. Get the latest news and insights on the global economy, from trade and finance to technology and innovation.

Your Privacy Choices

Pages

  • Home
  • About Us
  • Privacy Policy
  • Contact Us

Categories

  • Business
  • Economy
  • Markets
  • Tech
  • Editorials

Network

  • Coolinarco.com
  • CasualSelf.com
  • Fit.CasualSelf.com
  • Sport.CasualSelf.com
  • SportBeep.com
  • MachinaSphere.com
  • MagnifyPost.com
  • TodayAiNews.com
  • VideosArena.com
© 2026 EconomyLens.com - Top economic news from around the world.
No Result
View All Result
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials

© 2024 EconomyLens.com - Top economic news from around the world.