Recital 33

(33) Decision (CFSP) 2026/1849 extends the deadlines applicable to certain derogations needed for divestments from Russia. Operators should be aware that Russia is a country where the rule of law is no longer applied, and that the Russian Federation has adopted several pieces of legislation targeting assets of companies from so-called ‘unfriendly countries’, including Member States. That situation has led to the persistent threat of Union assets being stranded in Russia without the possibility for their orderly withdrawal. Against that background, undertakings in the Union are strongly advised to take any possible steps to wind down businesses in Russia and not to start new businesses there. Unfortunately, new legislation, court judgments and practices in Russia have made it even more difficult for Union operators to perform an orderly withdrawal from the Russian market. It is therefore appropriate to extend divestment derogations to enable Union undertakings to exit as swiftly as possible from the Russian market. Those extended derogations are granted on a case-by-case basis by Member States and are focused on allowing an orderly divestment process, which would not be possible without the extension of those deadlines.

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Source: EUR-Lex (Cellar) · retrieved 2026-10-14 · Text as adopted (Official Journal); later amendments are not incorporated in this text.