Belgrade will not take part in the restrictions against Moscow, Deputy Prime Minister Aleksandar Vulin has said

The Serbian authorities will not reverse their approach to sanctions on Russian, according to Deputy Prime Minister Aleksandar Vulin. Belgrade has not taken part in the Ukraine-related restrictions imposed on Moscow by Western states.

The US and EU have been piling sanctions on Russia since 2014. The initial restrictions regarding defense, energy, banking, and trade came in response to Crimea joining the country after a violent Western-backed coup in Kiev. Following the escalation of the Ukraine conflict in February 2022, Western states have dramatically expanded the measures.

"As you know, we have not joined the Western sanctions against Russia, and we will continue to follow this course," Vulin said on Saturday during a meeting with the secretary of the Russian National Security Council, Sergey Shoigu, in Moscow.

The numerous sanctions introduced by Washington and Brussels include a ban on Russia's seaborne oil shipments, cutting the country off from the Western financial system, freezing its foreign reserves, and many other restrictions.

Moscow has dismissed the sanctions as "illegal" and warned that seizing its frozen assets would amount to "theft." President Vladimir Putin has said that Russia has overcome the challenges posed by the restrictions, which have inadvertently strengthened its economy by promoting self-reliance and reducing dependence on foreign technology.

Belgrade has maintained a neutral stance on the conflict and retains close economic ties with Moscow. Serbia has refused to take part in the sanctions despite pressure from the US and EU.

During his meeting with Shoigu, Vulin also reiterated that his country mistakenly voted in favor of an anti-Russian resolution on Ukraine at the UN last month.

"The mistake that occurred during the vote in the UN General Assembly, as you know, has been corrected. It is much easier for us to admit a mistake than to offend our friends," the deputy PM said.

Earlier this month, Serbian Foreign Minister Marko Duric said the country changed its vote to 'abstain' in the UN General Assembly on the resolution, which reaffirms support for Ukraine and its territorial integrity while condemning Russia.