Minister of Mining and Energy Dubravka Đedović Handanović said today that the Working Group for Monitoring the Activities of the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has decided to support oil company NIS’s petition for a further postponement of sanctions.
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Support to NIS’s petition for further postponement of US sanctions
Belgrade,
21 March 2025
Đedović Handanović stated that the government is expected to formally confirm this on Monday, recalling that NIS had sent a request to OFAC earlier this week for a licence extension.
The company had previously submitted a request to be removed from the sanctions list, she noted, adding that it is currently unknown whether or when this might happen.
At the end of February, when the deadline for potential sanctions against NIS was extended for the first time, the US side had recognised the importance of NIS for Serbian citizens, as well as for the country’s healthcare system, agriculture and economy, Đedović Handanović recalled.
She expressed hope that the new US administration would show understanding on this occasion as well, adding that Serbia would continue the dialogue with both sides in order to reach a long-term sustainable solution.
Author:
Nenad Kostić
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