EU blacklists Chinese firms for first time in latest Russian sanctions package
EU blacklists Chinese firms for first time in latest Russian sanctions package
The airlift sparked concerns in the Balkans and across Europe about Serbia’s military build-up, with China’s nascent military presence in Europe’s backyard spooking many Western observers.
October’s trade deal was the first Beijing signed with a country in central or eastern Europe, where many capitals have become hostile towards China in recent years. Analysts say it could prise open the door to more military cooperation.
Spectre of Trump hangs over Munich as China looks for openings in Europe
Spectre of Trump hangs over Munich as China looks for openings in Europe
Belgrade will receive a steeper discount each year if it continues to buy armaments listed in the agreement, including missiles, bombs, torpedoes and tanks, according to a group of experts writing in The Diplomat, an online magazine.
“Customs tariffs for these Chinese-manufactured weapons will fall from a 25 per cent custom tariff to 2.5 per cent at the end of the 15-year period,” The Diplomat said.
Serbia is a candidate for European Union membership, although it appears to have a troubled route into the 27-country bloc.
Should it accede, however, its agreement with China would cease to apply from day one, since it would follow a trade policy and trade deals fixed in Brussels.
European Commission chief Ursula von der Leyen said in October “we want Serbia to join the EU”, but added it would first need to recognise Kosovo, which declared independence from Serbia in 2008 after years of armed conflict including a war.