POST Online Media Lite Edition


Serbia completely suspends exports to Kosovo

Staff Writer |
Serbia's exports to Kosovo were completely suspended as of December 31, following a decision by the government in Pristina to increase import tariffs on all goods produced in Serbia and Bosnia to 100%, Serbian Trade Minister Rasim Ljajic said.

Article continues below

Kosovo's decision has resulted in direct damages estimated at 46.1 million euro ($52.3 million) for the Serbian economy between November 21 and December 31, Ljajic said, as quoted in a statement by Serbia's trade ministry.

"Now we can say that trade has been completely halted. There were many appeals from the international community to abolish the taxes, but the Kosovo authorities only radicalised the situation and adopted new measures," Ljajic said.

What to read next

EU will never allow Serbia to become its member, says Russia
Kosovo ratifies agreement on border demarcation with Montenegro
Serbia rejects claims to recognize Kosovo independence