EU to provide sanctions relief to some Russian entrepreneurs

Six Russian fertilizer and chemicals barons will partly slip off the hook on EU sanctions in an 11th-hour deal in Brussels on December 16, Report informs referring to EUobserver.

The list includes fertilizer firm bosses Andrey Melnichenko and his wife Aleksandra, fertilizer tycoons Andrey Guryev and Moshe Kantor, chemicals baron Dmitry Mazepin, and farming billionaire Vadim Moshkovich, diplomatic sources said.

Kantor is also the former head of the European Jewish Congress, an NGO in Brussels.

They are under existing EU asset-freeze and visa-bans for supporting Russia’s war effort.

Under the recent deal, individual EU countries will be free to unfreeze their money if it's strictly needed to bankroll shipments of food and fertilizer, especially to Africa.