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EU Council extends Russia asset-freeze sanctions for 36 months to Sept. 22, 2029

On September 22, 2026 the Council of the European Union decided to extend the EU asset-freeze sanctions regime targeting Russia for 36 months, renewing measures covering more than 3,000 individuals and entities until September 22, 2029.

On September 22, 2026 the Council of the European Union decided to extend the EU asset-freeze sanctions regime targeting Russia for 36 months, renewing measures covering more than 3,000 individuals and entities until September 22, 2029.

The Council's 36-month extension preserves counterparty, trade-finance and asset-freeze frictions between EU banks and sanctioned Russian-linked entities. That sustained tail-risk supports energy exporters' external receipts (which can be credit-positive for long-dated external debt of oil-exporting African sovereigns like Angola) while maintaining rollover and trade-finance premia for importers and borrowers reliant on EU banks.

Publication of the Official Journal with the updated listings and any delistings, and guidance from member-state presidencies on implementation.

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