The latest exemption from US Treasury Department sanctions aimed at the Russo-Serbian oil company NIS AD has been extended until June 27th 2025.
Tag: Sanctions
No, Serbia is not ditching Russian weaponry
Serbia is reportedly shifting its military procurement from Russia to China, driven by sanctions and Western pressure. General Milan Mojsilovic noted delays in Russian contracts, leading to increased use of Chinese weaponry, such as the FK-3 air defense system. Despite claims of neutrality, Serbia remains close with BRICS amid skepticism about its military transparency.