The European Union’s scheduled renewal of sanctions targeting Russian individuals has faced procedural delays after France raised concerns regarding the proposed de-listing of certain oligarchs. EU asset freezes and travel bans require unanimous consent from all member states to be extended every six months. Disagreements surrounding the removal of specific individuals from the sanctions blacklist, linked to legal challenges and diplomatic negotiations among member states, have stalled consensus ahead of the renewal deadline.
- France held up the unanimous approval needed to extend the European Union’s sanctions package against Russian individuals and entities.
- The delay stems from negotiations and disputes over removing specific Russian business figures from the EU blacklist.
- EU sanctions, which include travel bans and asset freezes on hundreds of individuals, must be renewed every six months by all member states.
- The standoff comes amid ongoing legal challenges brought by sanctioned individuals before European courts contesting their listings.
France 24 is an international television network and news website owned by the French state.
Official website: https://www.france24.com/en/
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Well done France!