1 week ago
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By Lucy Davalou & Euronews with AP
Washington has imposed sanctions connected Serbia's largest lipid and state institution owed to Russian ownership. More details are to look successful a associated property league connected Saturday.
Serbia's President Aleksandar Vučić has said connected Friday helium would clasp talks with Russian President Vladimir Putin aft the US targeted Serbia's main lipid and state institution NIS with sanctions implicit Russian ownership.
In a property conference, Vučić stated that the US is demanding the contiguous removal of the Russian state-owned institution Gazprom from the corporation.
According to Vučić, "From what we've seen, it's much astir 'removal' than 'reduction.' They won’t adjacent let a 49-percent option; they privation a implicit exit from NIS. NIS mightiness beryllium capable to proceed its regular operations, but we would request to instantly statesman a program to alteration the ownership structure."
On Saturday, details of the sanctions' demands are scheduled to beryllium explained successful a associated property league betwixt Serbian and US representatives.
There is speculation that the talks with Putin whitethorn absorption connected Serbia buying Moscow’s involvement successful the company.
Until now, Serbia has benefited from a competitory borderline owed to its statement with Russia.
The recently imposed sanctions, however, volition woody a important stroke to the country’s economy.
Video editor • Evelyn Ann-Marie Dom
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