Serbia avoided a big problem! Vucic talks about where things stand now, regarding sanctions against NIS
President of Serbia Aleksandar Vucic announced over the weekend that Serbia managed to secure a new postponement of the implementation of sanctions the US imposed against Petroleum Industry of Serbia (NIS).
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"Good news for citizens of Serbia. Serbia managed to obtain a new postponement of sanctions agaisnt NIS, this time for two months, until June 27. Thank you to our American partners for understanding Serbia's position," wrote Vucic on Instagram.
This delay means that NIS, the key company for the supply of oil and fuel to Serbia, will be able to operate unhindered for some time.
Without a new license, which delays the full implementation of sanctions, there was a risk of problems in supplying the market, as well of rising fuel prices and a destabilization of the country's energy sector.
On Wednesday, NIS submitted a new request to the US Department of the Treasury for a special license, so that the company could continue operational work after April 28, when the previously approved postponement expires.
The new extension provides another two months during which discussions on a longer-term solution for the operation of NIS are expected to continue, without the risk of interrupting energy supplies in Serbia.
(Telegraf.rs/Tanjug)