Ukraine will seek to have Russian businessmen Alisher Usmanov and Mikhail Fridman restored to European sanctions lists after the EU removed both men as part of an agreement that secured a three-year renewal of its wider individual sanctions regime against Russia.
Ukraine is preparing a new sanctions initiative targeting more than 20 Russian businessmen and intends to press for Alisher Usmanov and Mikhail Fridman to be placed back under restrictions, Foreign Minister Andrii Sybiha said on Thursday.
Sybiha, speaking to journalists in Kyiv on 1 October, said the Ukrainian government regarded the European Union’s decision to remove the two men from its sanctions list as unacceptable and had tried to prevent it through both public and diplomatic channels.
“Our response will be asymmetric. You removed two oligarchs, and we will add another twenty,” Sybiha said.
He said Kyiv had prepared a list containing more than 20 Russian businessmen for possible sanctions and was also working to restore restrictions against Usmanov and Fridman.
The minister did not specify which EU legal mechanism Kyiv expects to use. Ukraine cannot itself add individuals to the bloc’s restrictive-measures list, meaning any renewed designation would require action by EU member states.
The EU formally removed Usmanov and Fridman from its sanctions list on 22 September. Council Implementing Regulation (EU) 2026/2160 deleted the entries for Usmanov, Fridman and Russian businessman Andrey Falaleev, as well as Redbird Corporate Services Ltd.
At the same time, EU governments extended the remaining individual sanctions for another 36 months, until 22 September 2029. The regime covers more than 3,000 individuals and entities and provides for asset freezes, travel restrictions and a prohibition on EU citizens and companies making funds or economic resources available to those listed.
The agreement marked a significant change to the previous system under which individual sanctions were renewed every six months.
The fate of Usmanov and Fridman had become one of the principal points of dispute during negotiations. EU Today reported before the decision that Latvia opposed a compromise involving their removal while supporting a longer renewal period for the wider sanctions regime.
The eventual agreement nevertheless resulted in both men being removed. EU Today reported on 22 September that the Council had approved the three-year extension alongside their delisting.
Kyiv is now seeking to compensate for that decision through national sanctions regimes while pursuing their possible return to the EU list.
Sybiha said President Volodymyr Zelenskyy had approved the Ukrainian approach and that Kyiv was working with partner governments to ensure that restrictions against Usmanov and Fridman remained in force outside the EU framework.
According to the foreign minister, Canada has indicated that it intends to retain its restrictions. Sybiha also pointed to Britain, Japan and Australia as jurisdictions where sanctions remain in place and said Ukraine would seek similar measures elsewhere.
Britain continues to maintain a separate national Russia sanctions regime. The UK government’s current Russia sanctions framework records designations, amendments and removals independently of decisions made by the European Union.
Several EU member states have meanwhile taken or begun preparing national measures following the September decision.
Estonia moved immediately after the EU agreement. Foreign Minister Margus Tsahkna signed national sanctions against Usmanov and Fridman on 23 September, saying Tallinn had opposed their removal from the EU list.
Lithuania has also begun using national legislation. Foreign Minister Kęstutis Budrys asked for both businessmen to be placed on Lithuania’s national entry-ban list for five years. The Lithuanian Foreign Ministry said it was also preparing legal measures that would allow the freezing of their funds and economic resources.
The dispute has exposed one of the structural features of EU sanctions policy: decisions on restrictive measures require agreement among member states, allowing individual listings to become part of wider negotiations over the continuation of an entire sanctions regime.
Moving from six-month to three-year renewals reduces the frequency with which the broader Russia sanctions list has to return to the negotiating table.
It does not, however, prevent individual names from being added again during that period. Kyiv’s new initiative is therefore likely to focus both on persuading individual governments to introduce national restrictions and on building sufficient support inside the EU for Usmanov and Fridman to be designated again.