Serbia is secretly increasing munitions sales to the West, strengthening Ukraine's defences. At the same time, the country did not join Western sanctions against Russia. Putin is losing an ally…
The British newspaper The Financial Times estimates that Serbia has exported € 800 million ($ 858 million) worth of munitions to its Western allies since Russia's large-scale invasion of Ukraine in 2022. These weapons then found their way to Kiev via third countries.
Serbian President Aleksandar Vučić called the situation a business opportunity. At the same time, Vučić stressed that he will not take sides in the war. "This is a part of our economic revival and important for us. Yes, we do export our ammunition," he said in an interview with the Financial Times.
"We cannot export to Ukraine or to Russia . . . but we have had many contracts with Americans, Spaniards, Czechs, others. What they do with that in the end is their job", he also said. " I need to take care of my people, and that’s it. That’s all I can say. We have friends in Kyiv and in Moscow. These are our Slav brothers."
Serbia is not a member of NATO or the European Union. At the same time, Serbs are traditionally attached to Russia and distrustful of the West.
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