Serbia fails to join new EU sanctions against Iran

Serbia is the Western Balkan’s only EU membership candidate that has not joined the bloc’s new restrictive measures against Iran.

Report informs, citing Euractiv, that on top of the UN sanctions in place since 2006, the EU has also adopted its own sanctions, which target trade in some goods, the financial sector, and travel restrictions against certain listed persons and entities.

The Council adopted a decision on implementing regulation on restrictive measures against Iran, which were joined by Iceland, Liechtenstein, Norway, North Macedonia, Montenegro, Albania, Ukraine and Moldova, EU chief diplomat Josep Borrell confirmed on Wednesday.

However, Serbia, also an EU accession country, decided not to join the sanctions decision.

On July 11, Serbian and Iranian Business People met in Belgrade at a business forum held at the Serbian Chamber of Commerce.

Serbia is also set to appoint a co-chairperson of the Mixed Committee on Economic Cooperation Between Serbia and Iran, once the new Serbian government is appointed, a recent announcement confirmed.