BelgiumEU Lifts Sanctions on Russian and Belarusian Billionaires After Court Challenges
The European Union has removed Russian billionaire Mikhail Gutseriev and Belarusian entrepreneur Viktor Shevtsov from its sanctions list after they successfully challenged the restrictions in court.
Background
Following Russia's 2022 invasion of Ukraine, the EU imposed sanctions on numerous Russian and Belarusian individuals and entities. These measures aimed to pressure the regimes, but some sanctioned individuals have pursued legal challenges against their inclusion on the lists.
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EU Lifts Sanctions on Russian and Belarusian Billionaires
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Reports confirm that the EU has lifted sanctions on Mikhail Gutseriev and Viktor Shevtsov due to their legal victories, which eliminated the legal basis for maintaining the restrictions.
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