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EU plans to remove three Russian businessmen from sanctions list

12 September, 2023 Tuesday
19:50

This week, the EU will remove three Russian businessmen from the sanctions list - Grigory Berezkin, Alexander Shulgin, and billionaire Farhad Akhmedov

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This was reported by Reuters' own sources.

The European Union will not extend sanctions against these three businessmen, and the current sanctions will expire this week, on September 15.

The publication reminds that the EU needs the unanimity of all 27 member states to impose sanctions, which are renewed every six months.

For reference. Farhad Akhmedov is a Russian businessman and billionaire of Azerbaijani origin. For more than 10 years, he has been among the top 200 richest people in Russia.

Grigory Berezkin is a Russian businessman and entrepreneur involved in the electricity and oil industries. He is one of Putin's close associates.

Alexander Shulgin is a businessman and former owner of the Russian e-commerce platform Ozon Group. He resigned as CEO and from the board of directors on April 11, 2022, after the introduction of sanctions by the European Union and Australia.

  • On September 6, the Court of Justice of the European Union granted a lawsuit filed by Russian businessman Alexander Shulgin to remove him from future sanctions lists.

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