Mikhail FridmanAndris KulbergsAlisher UsmanovEuropean Union

E.U. drops sanctions on two of Russia's richest oligarchs despite Kyiv's outcry; Latvia's PM warns move 'normalises Russia'

The European Union has lifted sanctions on two wealthy Russian oligarchs, Alisher Usmanov and Mikhail Fridman, despite strong opposition from Latvia, whose Prime Minister Andris Kulbergs warned that the decision 'normalises Russia' and undermines the EU's stance against Moscow's aggression, according to reports.

Euronews.com Euronews.com23 September 2026 · 08:38 UTC
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Latvian Prime Minister Andris Kulbergs has expressed deep concern over the EU's decision to lift sanctions on oligarchs Alisher Usmanov and Mikhail Fridman, stating it 'normalises Russia.' The move, which came after intense lobbying from France and Slovakia, has sparked outrage in Kyiv.23

Kulbergs criticized the EU for 'cherry-picking' sanctions, emphasizing that the decision undermines the EU's collective stance against Russian aggression. He noted, 'I’m worried about the playbook which it leaves,' highlighting the potential long-term implications of such actions.

Despite Latvia's fierce opposition, the Baltic nation ultimately agreed to the delisting to prevent jeopardizing the renewal of sanctions on approximately 2,600 individuals. Kulbergs remarked, 'we all understood it is not worth risking' the entire sanctions package, indicating the pressure faced by smaller EU nations in the face of larger member states' interests.1

This controversial decision has raised alarms in Kyiv, where officials fear it could embolden Russia amid ongoing tensions. The EU's approach has been criticized for lacking consistency, as it navigates complex geopolitical dynamics while attempting to maintain unity among its members.

The lifting of sanctions on these oligarchs is seen as a significant setback for efforts to hold Russia accountable for its actions, with many calling for a reassessment of the EU's strategy towards Moscow.

Key Insight
“Latvia fiercely opposed the delisting hours before the sanctions' renewal deadline, but allowed it to avoid torpedoing the deal that renewed sanctions on some 2,600 individuals. Kulbergs said he dropped his opposition because 'we all understood it is not worth risking' the whole package.”
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1
Euronews.comEuronews.com
“Latvian Prime Minister Andris Kulbergs has criticised the EU for “cherry-picking” sanctions on Moscow in a move he says “normalises Russia”, after his small Baltic nation showed its teeth yesterday while opposing a push to remove two oligarchs from the EU’s blacklist.”
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