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The Petroleum Industry of Serbia (NIS) has submitted a request to the Office of Foreign Assets Control (OFAC) of the U.S. Department of the Treasury for a new postponement of sanctions.
22.08.2025. 12:46
At the end of July, the U.S. Department of the Treasury issued a new special license that delayed the full implementation of sanctions against NIS, allowing the company to continue its operational activities without interruption until August 27.
The U.S. Department of the Treasury has postponed sanctions against Naftna Industrija Srbije (NIS) for another month, Radio Television of Serbia has confirmed.
08:34Pre 178 d29.07.2025.
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The tariffs imposed by the President of the United States, Donald Trump, went into effect on August 7, affecting more than 70 countries. As previously announced, the tariff rate for Serbia will be 35%.
09:47Pre 169 d07.08.2025.
AutorSo far, the U.S. administration has extended NIS's operating license five times.
NIS was placed on the sanctions list due to its majority Russian ownership, and the company submitted a special request to Washington back in March to be removed from that list.
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The new global IMEC initiative, established in 2023. at the G20 Summit, presents a framework for strengthening connectivity and enhancing cooperation. The organization brings together more than 2.000 members from around ten countries.
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Serbian tennis player Novak Djokovic defeated Italy’s Francesco Maestrelli 3–0, with set scores of 6–3, 6–2, 6–2, to advance to the third round of the Australian Open.
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Serbian Minister of Finance Sinisa Mali and Nikhil Goel, Chief Commercial Officer of Archer Aviation, signed a Partnership Agreement in Davos that will serve as the framework for cooperation between the Government of Serbia and the company in introducing electric air taxi services in Serbia.
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First Deputy Prime Minister and Minister of Finance Sinisa Mali stated that he expects the Hungarian company MOL to officially take over the Oil Industry of Serbia (NIS) by mid-March.
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Serbian President Aleksandar Vucic stated that he held a very productive discussion with European Commissioner for Enlargement Marta Kos on current issues in relations between Serbia and the European Union, with a particular focus on reform commitments and energy security.
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The winner of the NIN Critics’ Award for the best novel of the year published in 2025 in the Serbian language is Darko Tusevljakovic for his work Karota, the jury announced at a ceremony held at the Kolarac Endowment.
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