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
Al Mayadeen's correspondent in Lebanon: Israeli occupation forces carried out an explosion in the southern border town of Kfar Kila
Russian Ministry of Defense: 37 Ukrainian drones destroyed in 4 hours over regions of Russia and the Black Sea.
Sheikh Qassem: Our supporters make up more than half of Lebanon's population, and all of these people are united under the banner of protecting Lebanon, its Resistance, its people, and its integrity.
Sheikh Qassem: There will be no phased handing in of our arms. [The Israelis] must first enact the agreement before we start talking about a defensive strategy.
Sheikh Qassem: Be brave in the face of foreign pressures, and we will be by your side in this stance.
Sheikh Qassem: Stripping us of our arms is like stripping us of our very soul, and this will prompt us to show them our might.
Sheikh Qassem: We will not abandon our arms, for they gave us dignity; we will not abandon our arms, for they protect us against our enemy.
Sheikh Qassem: The US efforts we are seeing are aimed at sabotaging Lebanon and constitute a call for sedition.
Sheikh Qassem: If you truly want to establish sovereignty and work for Lebanon’s interests, then stop the aggression.
Sheikh Qassem: The United States, which is meddling in Lebanon, is not trustworthy but rather poses a danger to it.

Serbia suffers millions in losses due to Kosovo blockade on products

  • By Al Mayadeen English
  • Source: Agencies
  • 1 Aug 2023 11:29
  • 1 Shares
3 Min Read

After implementing a ban on Serbian transport vehicles in June, Serbia's losses have exceeded $40 million in less than two months.

  • x
  • Serbia suffers millions in losses due to Kosovo blockade on products.
    NATO soldiers greet a truck driver near the town of Zubin Potokon August 1, 2022. (AFP)

Serbia's economy has lost over 40 million euros since mid-June after the self-proclaimed Republic of Kosovo imposed a ban on the import of Serbian-made goods, Kosovar media reported.

The ban stops all transport vehicles holding Serbian license plates from entering Kosovar claimed territories. The President of the Alliance of Kosovo Businesses, Agim Shahini said goods originating from Bulgaria, North Macedonia, and Albania are being sources to replace the estimated 370 million euros worth of goods being imported from central Serbia each year. He added that Serbia's daily losses amount to 1 million euros after taking into account collateral damage.

The head of the Centre for Regional Cooperation at the Serbian Chamber of Commerce and Industry, Aleksandar Radovanovic, stated that before the blockade, Kosovo and Metohija imported 1.3 million euros worth of goods a day from Serbia two-thirds of which came in the form of unfinished products or raw material.

On July 8, Kosovo's government lifted some of the restrictions to allow for the entry of artificial fertilizers, animal feed, raw materials, semi-finished goods, machinery, equipment, and production facilities.

"The Serbian economy has so far suffered losses of over 40 million euros due to the blockade. Kosovo is also suffering losses, but less ... Goods worth about 370 million euros are imported from central Serbia to Kosovo every year, but now they are being replaced on the market by goods from Bulgaria, North Macedonia, and Albania, which are more expensive than Serbian ones," the president of the Alliance of Kosovo Businesses, Agim Shahini, told the Kosovo Online news portal.  

Related News

Ukraine peace plan may include demilitarized zone, NATO support

Europe's Trump concessions risk democracy, trade losses: FT op-ed

Read more: Wikileaks cables show US attempted to engineer Kosovo's independence

In late May this year, thousands of ethnic Serbs residing in northern Kosovo rallied in front of administrative buildings to protest against the appointment of ethnic Albanian mayors.

Kosovo security forces and NATO's Kosovo Forces (KFOR) were deployed near the town halls of Zvecan, Leposavic, and Zubin Potok where violent clashes erupted. 

"All this is organized by Albin Kurti [Kosovo's Prime Minister], with his great desire for a conflict between the Serbs and NATO to take place, and he is the only one guilty of what is happening," Serbian President Aleksandar Vucic said in an address to the citizens, adding that 52 Serbs have were injured in the clashes. 

In 2008, Kosovo seceded from Serbia and unilaterally declared its independence from Serbia. An agreement to improve relations between Serbia and Kosovo was struck in 2013, but the conversation quickly came to a halt. Since mid-2022, tensions at the border have been building, occasionally rising into road closures in northern Kosovo.

In early March, Vucic announced that he is not willing to recognize Kosovo's independence nor permit it to join the United Nations despite heightened EU pressure to isolate his country.

Serbia's leader also revealed that the European Union has threatened to isolate Serbia and pull out all investments if the proposed Kosovo agreement was discarded.

  • Nato
  • Serbia
  • Aleksandar Vucic
  • Kosovo

Most Read

Almost instantly after the Helsinki Accords were signed, organisations sprouted to document purported violations, whose findings were fed to overseas embassies for international amplification. (Al Mayadeen English; Illustrated by Zeinab el-Hajj)

How ‘Human Rights’ became a Western weapon

  • Opinion
  • 23 Aug 2025
Israeli soldiers stand on the top of armoured vehicles parked on an area near the Israeli-Gaza border, as seen from southern Israel, Wednesday, Aug. 20, 2025 (AP)

Palestinian fighters target Israeli soldiers, vehicles in Gaza

  • Politics
  • 21 Aug 2025
Launch of a ballistic missile from Yemen toward the occupied Palestinian territories. (YAF military media)

Yemeni Forces announce firing hypersonic missile at Al-Lydd Airport

  • Politics
  • 22 Aug 2025
The ‘Arab Façade’ for Israeli occupation in Gaza

The ‘Arab Façade’ for Israeli occupation in Gaza

  • Opinion
  • 23 Aug 2025

Coverage

All
The Ummah's Martyrs

Read Next

All
A scene showing an al-Qassam Brigades fighter during an ambush on July 7, 2025, in a video released by the al-Qassam Brigades on August 26, 2025 (al-Qassam Brigades Military Media)
Politics

Al-Qassam reveals Beit Hanoun ambush targeting Israeli forces

A Palestinian youth stands on a hill overlooking IsraelI Ofer Prison, near the West Bank city of Ramallah, Wednesday, July 3, 2024. (AP)
Politics

77 Palestinian prisoners killed in Israeli prisons since October 7

US Ambassador to Turkey and Special Envoy to Syria Tom Barrack speaks during a joint press conference with US deputy special envoy for Middle East peace Morgan Ortagus at the presidential palace in Baabda, Lebanon, Tuesday, August 26, 2025 (AP)
Politics

US envoy Barrack calls Lebanese journalists 'animalistic"'

Tom Barrack's imperial tantrum in Beirut: When entitlement speaks (Photo by Mahdi Rtail)
Politics

Tom Barrack's imperial tantrum in Beirut: When entitlement speaks

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