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France Lobbies EU to Lift Sanctions on Russian Tycoon Usmanov

Source: Bloomberg

Sanctions & Export ControlsGeopolitics & War

France is urging EU member states to remove sanctions on Russian billionaire Alisher Usmanov as part of a deal with Azerbaijan to secure prisoner releases, according to people familiar with the matter. The proposal could test EU unity on Russia-related sanctions and introduce geopolitical risk, though no agreement or timetable was reported.

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