European Union governments continued negotiations over a compromise that could remove sanctions from Russia-linked businessmen Alisher Usmanov and Mikhail Fridman.

In exchange, the bloc would preserve restrictions on roughly 3,000 other people and entities sanctioned over Russia’s war in Ukraine, diplomats told Reuters.

The proposed arrangement has exposed divisions among member states. France and Luxembourg have supported delisting steps, while Latvia and other Baltic countries have warned against weakening pressure on Moscow.

The EU imposed asset freezes and travel bans on both businessmen in 2022, arguing that their positions and activities connected them to policies supporting the Kremlin.

Usmanov and Fridman have challenged the measures in court. Their cases form part of a broader legal and political debate over the evidence required to sustain individual sanctions.

One element of the compromise would extend the wider sanctions list for a longer period, reducing the frequency with which a single member state could threaten the renewal process.

EU envoys were expected to resume talks as officials sought unanimity, which is required for the bloc’s foreign-policy sanctions decisions.

Source: Reuters.

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