The key facts

  • Lithuania has frozen the assets of Fridman and Usmanov under national sanctions, Foreign Minister Kęstutis Budrys announced.
  • Budrys called the removal of the two oligarchs from the EU sanctions list an «incorrect signal».
  • The EU extended sanctions against 3,000 companies and individuals for three years for the first time.
Lithuania announced that it has frozen the assets of Fridman and Usmanov under national sanctions

This was announced by Lithuanian Foreign Minister Kęstutis Budrys.

💬Sanctions pressure on Russia and those who contribute to its war must be strengthened and maintained going forward💬, he wrote on the social network X.

Budrys also added that the removal of these two Russian oligarchs from the EU sanctions list sent an «incorrect signal».

At the end of September, it became known that the ambassadors of EU member states had agreed to remove Fridman and Usmanov from the sanctions lists.

At the same time, the EU extended sanctions against 3,000 companies and individuals for three years. This is the first time that sanctions against Russia have been extended for a three-year period: previously they had to be renewed every six months.

France and Slovakia requested the removal of sanctions from Usmanov, and Luxembourg from Fridman.

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