EU nears deal to break impasse over French request to remove Usmanov from sanctions

Billy Odell Tucker-Robinson Founder & Host — Banking With Billy Network • Financial Intelligence • Markets • World News • Independent Analysis
Published: 2026-09-22 • Permanent link

Rumors have been swirling for weeks about a potential deal between the European Union and France, but it's finally happening. According to sources, the EU is on the cusp of a breakthrough in negotiations to remove Russian billionaire Alisher Usmanov from the blacklist. This move could pave the way for the release and pardon of two French nationals who are currently being held in Azerbaijan. The news sent shockwaves through financial markets, with the Russian ruble experiencing a significant decline in value.

Investors are bracing themselves for the potential implications of this deal. With Usmanov's removal from the blacklist, it could lead to a thaw in relations between Russia and the West, potentially paving the way for increased trade and investment. However, this could also lead to a surge in Russian assets, which could have negative consequences for investors who are already exposed to the Russian market. The EU's decision to remove Usmanov from the blacklist is expected to have far-reaching consequences for the global economy.

The EU's decision to remove Usmanov from the blacklist is a significant development in the ongoing saga of sanctions against Russia. Since last quarter, the EU has been under pressure from France to reconsider its stance on Usmanov, who has been subject to sanctions since 2018. This move is seen as a major concession to French pressure, and it's likely to have significant implications for the global economy. Experts are warning that this could be a game-changer for the EU's approach to sanctions, and it could set a precedent for future negotiations.

The road ahead is uncertain, but one thing is clear: the EU's decision to remove Usmanov from the blacklist is a major development that could have far-reaching consequences. With the deal still in the works, there are risks that the negotiations could collapse, or that the EU could decide to keep Usmanov on the blacklist. However, if the deal goes through, it could pave the way for a new era of cooperation between Russia and the West, and it could have significant implications for the global economy.