Al Mayadeen English

  • Ar
  • Es
  • x
Al Mayadeen English

Slogan

  • News
    • Politics
    • Economy
    • Sports
    • Arts&Culture
    • Health
    • Miscellaneous
    • Technology
    • Environment
  • Articles
    • Opinion
    • Analysis
    • Blog
    • Features
  • Videos
    • NewsFeed
    • Video Features
    • Explainers
    • TV
    • Digital Series
  • Infographs
  • In Pictures
  • • LIVE
News
  • Politics
  • Economy
  • Sports
  • Arts&Culture
  • Health
  • Miscellaneous
  • Technology
  • Environment
Articles
  • Opinion
  • Analysis
  • Blog
  • Features
Videos
  • NewsFeed
  • Video Features
  • Explainers
  • TV
  • Digital Series
Infographs
In Pictures
  • Africa
  • Asia
  • Asia-Pacific
  • Europe
  • Latin America
  • MENA
  • Palestine
  • US & Canada
BREAKING
Government Media Office in Gaza: So far, 7 bodies have been recovered, while two remain under the rubble, in a scene that epitomizes genocide.
Government Media Office in Gaza: 9 children from one family were killed in an Israeli massacre against the "Al-Najjar" family in Khan Yunis.
Gaza Government Media Office: Over 300 miscarriages have occurred among pregnant women due to the lack of essential nutrients.
Gaza Government Media Office: 26 kidney patients have lost their lives due to the absence of nutritional and medical care.
Gaza Government Media Office: 58 Palestinians have died due to malnutrition, and 242 due to lack of food and medicine.
Ranjbaran to Al Mayadeen: There is a difficult path full of challenges ahead for the indirect talks
Ranjbaran to Al Mayadeen: Defending the Resistance, the Palestinian cause, the Lebanese Resistance, and confronting Zionist crimes throughout the entire region are at the top of the Foreign Minister’s agenda
Ranjbaran to Al Mayadeen:Currently, both Tehran and Washington consider uranium enrichment a red line, but the Americans' red line exists only on paper, whereas our red line is inviolable under any circumstances, and the Americans fully understand this
Ranjbaran to Al Mayadeen: Iranian FM Abbas Araghchi will not back down in the face of US pressure or its media tactics aimed at influencing the other party. They know well that he is a seasoned diplomat who will not lose his way
Ranjbaran to Al Mayadeen: "Israel" has proven that it makes decisions on behalf of the Trump administration and is using all its capabilities to sabotage these talks

Serbia pays high price for not sanctioning Russia: Vucic

  • By Al Mayadeen English
  • Source: Agencies
  • 15 May 2022 19:18
3 Min Read

Belgrade foots its foot down and commits to an "independent foreign policy."

  • x
  • Serbia's President Aleksandar Vucic gestures during conference of the Open Balkan summit at the Palace of Brigades in Tirana, Albania December 21, 2021. (Reuters)
    Serbia's President Aleksandar Vucic gestures during a conference in Tirana, Albania, December 21, 2021 (Reuters)

Serbia is paying a high price for not jumping on the bandwagon of sanctions that have been imposed by the West on Russia, according to Serbian President Aleksandar Vucic. 

"The price we are paying is enormous. We effectively have no access to the capital market ... There is an issue of loans, the so-called roll-overs, given the situation in Ukraine, [Serbia will] have a forced deficit of 3 to 4% and will have to offset it as well ... In the end, all this hits salaries and pensions," Vucic said on TV Prva, Serbian TV channel. 

The president stressed that Serbia will act independently when it comes to its relations with Russia, and will fight to remain independent when it comes to its foreign policy. 

Belgrade, according to the president, refrained from sanctioning Russia "out of self-respect, out of respect to our country, to the principles of international law." 

Related News

EU formally adopts 17th round of sanctions against Russia

Trump to hold phone calls with Putin, Zelensky amid ceasefire push

He added that the decision was not motivated by energy trade, namely gas price incentives offered by Moscow, since Serbia is losing money due to the drying up of foreign direct investment and other factors is a lot more than the losses it would sustain if gas prices were higher.

Read more: Finland: Politicians warned that Russia will cut off gas pipeline

Srbijagas, Serbia's state-owned provider for natural gas, has a functional contract with the Russian Gazprom, with total trade of 6 million cubic meters of gas per day. Though the contract will be expiring on May 31, Serbia hopes to issue a new agreement for the next 10 years.

"My point is to tell the people that we are suffering a lot and terribly because of not introducing sanctions against the Russian Federation. I have no illusions, we would have lived much better if we did. We didn't, because we are acting as an independent country," Vucic said.

Though Vucic said that words should not be interpreted as an announcement for restrictive measures, on May 5, he reaffirmed Serbia's commitment to remaining a neutral state after meeting with Olaf Scholz.

Serbians early March rallied in Belgrade in support of Russia and Serbia has recently vocalized its refusal to join NATO, citing the 1999 killing of Yugoslavian children. 

Vucic, who has recently assumed office for the second term in April, also vowed to prosecute any volunteers participating in the war in Ukraine. 

  • Ukraine crisis
  • Serbia
  • Russian special military operation
  • Russia
  • Ukraine

Most Read

YAF say struck 'Israel's' Ben-Gurion Airport with missiles, drones

YAF say struck 'Israel's' Ben Gurion Airport with missiles, drones

  • MENA
  • 18 May 2025
Rachel Accurso criticized for speaking out on Gaza children crisis

Ms. Rachel accused of antisemitism for speaking out for Gaza children

  • Politics
  • 20 May 2025
Martyrs, injuries in violent Israeli bombardment of southern Gaza

Israeli operation fails; IOF launch violent strikes on Gaza

  • Politics
  • 19 May 2025
The spokesperson for the Yemeni Armed Forces, Brigadier General Yahya Saree, giving a statement on Friday, April 11, 2025 (Yemeni Military Media)

Yemeni Armed Forces declare Haifa Port under naval siege

  • Politics
  • 20 May 2025

Coverage

All
War on Gaza

Read Next

All
President Donald Trump, left, departs with U.S. Military Academy Superintendent Lt. Gen. Steven W. Gilland after speaking to United States Military Academy graduating cadets during commencement ceremonies in West Point, N.Y., Saturday, May 24, 2025. (AP)
Politics

Trump: US Army not for imposing democracy or culture abroad

Israeli Prime Minister Benjamin Netanyahu at the Yad LaBanim Memorial in occupied al-Quds, occupied Palestine, on April 29, 2025 (AP)
Politics

Netanyahu Shin Bet pick opposed prisoner swap deal, stirring outrage

Palestinians struggle to receive cooked food distributed at a community kitchen in the Muwasi area of Khan Younis, in the Gaza Strip, Friday, May 23, 2025. (AP)
Politics

UN refuses to cooperate with 'Israel', US firms in Gaza aid scheme

A woman displaying a portrait of martyred Hezbollah leader Hassan Nasrallah, shows her ink-stained thumb after casting her vote at a polling station during municipal elections in the town of Nabatieh, south Lebanon, Saturday, May 24, 2025 (AP)
Politics

Lebanon concludes municipal elections amid Israeli strikes on south

Al Mayadeen English

Al Mayadeen is an Arab Independent Media Satellite Channel.

All Rights Reserved

  • x
  • Privacy Policy
  • About Us
  • Contact Us
  • Authors
Android
iOS