HomeWorldSerbian president reacts to tough US sanctions on country’s petroleum industry

Serbian president reacts to tough US sanctions on country’s petroleum industry

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Published January 11,2025


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Serbian President Aleksandar Vucic on Friday known as the US sanctions on Serbia’s Petroleum Industry (NIS), managed by Russian vitality big Gazprom Neft, the “toughest sanctions” imposed on a Serbian firm.

Speaking within the capital Belgrade, he mentioned the sanctions demand the whole withdrawal of Russian capital and pursuits from NIS.

“The company will continue to operate, but we must begin the transfer process immediately. We have until February 25 to finalize this,” he mentioned.

The Serbian chief harassed that his nation had not contributed to the battle between main powers and harassed the significance of dealing with the problem calmly.

He introduced plans to debate the matter with US officers.

The US Treasury sanctions, aimed toward lowering Russia’s vitality revenues, focused Gazprom Neft, Surgutneftegas, and their subsidiaries, together with NIS.

These actions are a part of the G7’s dedication to curtail Russian vitality exports.

Source: www.anews.com.tr

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