Automatically translated version. May contain inaccuracies compared to the original.
Latvia rejected the compromise.
EU sanctions against nearly three thousand individuals and legal entities connected to Russia could expire at the end of Tuesday, Euractiv reports. Sources told the outlet that Latvia blocked the proposed compromise regarding two Russian oligarchs.
Ambassadors will resume talks on Tuesday at 8 in a last attempt to break the deadlock before the measures expire at midnight. Failure to reach unanimity would seriously undermine the EU’s sanctions regime against Russia.
The dispute was caused by France’s demand that the EU lift the travel ban and asset freezes imposed on Russian magnate Alisher Usmanov — Paris justified this on grounds of “national security.” Diplomats said the request was linked to a possible prisoner swap involving two French citizens, including a man accused of espionage in Azerbaijan.
Diplomatic sources said France’s request prompted Slovakia to seek the removal of sanctions against Russian-Israeli billionaire Mikhail Fridman. Both have been subject to EU sanctions since 2022.
Ukraine’s foreign minister, Andriy Sybiha, criticized any deal that would lift sanctions on the two oligarchs, calling them “part of the aggressive Russian regime waging a war of aggression against Ukraine.”
“What has changed? Nothing. Removal from the list is unacceptable and would send the wrong signal to Moscow at a time when pressure needs to be increased,” Sybiha wrote on X.
In exchange for removing Usmanov and Fridman from the list, Paris and Bratislava agreed to extend the sanctions regime from six months to three years. That concession was meant to reassure EU countries on the eastern flank. However, Riga still rejected the proposed compromise.
Unanimous support from all 27 EU member states is required to renew the sanctions lists. Last week their term was extended by one week to give EU ambassadors more time to negotiate.
Several diplomats blamed Paris for creating this crisis by using the EU’s sanctions regime to pursue its own foreign policy goals.
“It creates the impression that exclusion from the sanctions list can be achieved through blackmail,” one EU diplomat said.
A second diplomat added: “It sets a dangerous precedent that allows narrow national interests to outweigh collective sanctions against Russia at a moment when the war is entering a critical phase.”
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