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Serbia: Ban On Exporting Weapons To Armenia Remains

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  • Serbia: Ban On Exporting Weapons To Armenia Remains

    SERBIA: BAN ON EXPORTING WEAPONS TO ARMENIA REMAINS

    EASTBUSINESS.ORG
    November 14, 2006 Tuesday 5:41 PM (Central European Time)

    SECTION: DEFENSE & AEROSPACE

    The management of Zastava Oruzje, the Serbian weapons manufacturer,
    has announced that it was surprised by the decision of the Serbian
    Government not to lift the ban on the export of military weapons and
    equipment to the countries of the former Soviet Union, with which
    the factory has contracts worth more than USD 20 million.

    The management stated that the company expected the Government to
    at least allow the exports to countries which are on friendly terms
    with Russia and to which Russia itself exports such weapons, with
    only Georgia remaining on the black list.

    The representatives of the unions in the factory have sent a letter to
    the Serbian Prime Minister, Vojislav Kostunica and to the Ministers
    of Defence and Economy, Zoran Stankovic and Predrag Bubalo, stating
    that they are shocked by the Government s decision not to lift the
    ban on exports to Armenia, and the fact that the Government has no
    intention of reimbursing the factory for the losses it has suffered
    as a result, amounting to approximately USD 2.7 million.

    The Government s decision also surprised the experts on the Serbian
    defence industry, especially in light of the fact that the factory
    recently exported a shipment of weapons and equipment to Armenia
    worth USD 800 000, without any questions being raised about this.

    The management of the factory announced that they would initiate
    negotiations with the Government regarding the compensation for the
    losses this company has suffered as a result of the ban. The union
    of Zastava Oruzje believe that nothing will come out of this, unless
    the cabinet of Vojislav Kostunica is faced with pressure in the form
    of a series of workers protest during the election campaign.
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