{"id":73011,"date":"2024-10-31T19:38:23","date_gmt":"2024-10-31T18:38:23","guid":{"rendered":"https:\/\/euronews.al\/en\/?p=73011"},"modified":"2024-10-31T19:56:28","modified_gmt":"2024-10-31T18:56:28","slug":"u-s-sanctions-serbian-and-montenegrin-firms-for-supporting-russias-war","status":"publish","type":"post","link":"https:\/\/euronews.al\/en\/u-s-sanctions-serbian-and-montenegrin-firms-for-supporting-russias-war\/","title":{"rendered":"U.S. sanctions Serbian and Montenegrin firms for supporting Russia&#8217;s war"},"content":{"rendered":"<p>The United States has imposed sanctions on the Serbian company, Ventrade, and on the International Business Corporation Bar (IBC), based in Montenegro, due to the export of dual-use goods to Russia, which can be used in the defense industry.<\/p>\n<p>The US Office of Foreign Assets Control (OFAC) said in a statement that Ventrade sold military-grade radios to Russia, while IBC transferred machining equipment and ball bearings to Russian companies, including one that is under US sanctions.<\/p>\n<p>According to trade data of the company Ventrade, a company founded in April 2022, shortly after Russia began its invasion of Ukraine, this firm exported radios to Russia worth $570,000. These exports were made in the period September 2022 to June 2023 through Germany, Malaysia, Austria, China and Mexico.<\/p>\n<p>As of 2021, IBC is owned by the Russian citizen based in Montenegro, Sergei Kokorev, and this company has increased its earnings in 2023 by about $1 million.<\/p>\n<p>Five other Serbian firms \u2013 MCI Trading, Kominvex, Goodforwarding, Soha Info and TR Industries \u2013 are also under OFAC sanctions for their cooperation with Russia.<\/p>\n<p>Montenegro has imposed sanctions on Russia, after Moscow launched its invasion of Ukraine in February 2022. Meanwhile, Serbia, despite being a candidate state for membership in the European Union, has not joined the European bloc&#8217;s sanctions against Russia.<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The United States has imposed sanctions on the Serbian company, Ventrade, and on the International Business Corporation Bar (IBC), based in Montenegro, due to the export of dual-use goods to Russia, which can be used in the defense industry. The US Office of Foreign Assets Control (OFAC) said in a statement that Ventrade sold military-grade [&hellip;]<\/p>\n","protected":false},"author":23,"featured_media":73012,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[250,1803],"tags":[150,243,151,460,284,3471,301,1250,637],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>U.S. sanctions Serbian and Montenegrin firms for supporting Russia&#039;s war - Euronews Albania<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/euronews.al\/en\/u-s-sanctions-serbian-and-montenegrin-firms-for-supporting-russias-war\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"U.S. sanctions Serbian and Montenegrin firms for supporting Russia&#039;s war - Euronews Albania\" \/>\n<meta property=\"og:description\" content=\"The United States has imposed sanctions on the Serbian company, Ventrade, and on the International Business Corporation Bar (IBC), based in Montenegro, due to the export of dual-use goods to Russia, which can be used in the defense industry. The US Office of Foreign Assets Control (OFAC) said in a statement that Ventrade sold military-grade [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/euronews.al\/en\/u-s-sanctions-serbian-and-montenegrin-firms-for-supporting-russias-war\/\" \/>\n<meta property=\"og:site_name\" content=\"Euronews Albania\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/euronews.al\/\" \/>\n<meta property=\"article:published_time\" content=\"2024-10-31T18:38:23+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-10-31T18:56:28+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/euronews.al\/en\/wp-content\/uploads\/2024\/10\/shba-13.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1028\" \/>\n\t<meta property=\"og:image:height\" content=\"606\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Nen Si\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@euronewsalbania\" \/>\n<meta name=\"twitter:site\" content=\"@euronewsalbania\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Nen Si\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/euronews.al\/en\/u-s-sanctions-serbian-and-montenegrin-firms-for-supporting-russias-war\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/euronews.al\/en\/u-s-sanctions-serbian-and-montenegrin-firms-for-supporting-russias-war\/\"},\"author\":{\"name\":\"Nen Si\",\"@id\":\"https:\/\/euronews.al\/en\/#\/schema\/person\/444d280f35e047949b7f0bc08093608f\"},\"headline\":\"U.S. sanctions Serbian and Montenegrin firms for supporting Russia&#8217;s war\",\"datePublished\":\"2024-10-31T18:38:23+00:00\",\"dateModified\":\"2024-10-31T18:56:28+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/euronews.al\/en\/u-s-sanctions-serbian-and-montenegrin-firms-for-supporting-russias-war\/\"},\"wordCount\":220,\"publisher\":{\"@id\":\"https:\/\/euronews.al\/en\/#organization\"},\"image\":{\"@id\":\"https:\/\/euronews.al\/en\/u-s-sanctions-serbian-and-montenegrin-firms-for-supporting-russias-war\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/euronews.al\/en\/wp-content\/uploads\/2024\/10\/shba-13.jpg\",\"keywords\":[\"Kryesor 1\",\"kryesore 1\",\"Kryesoret\",\"montenegro\",\"russia\",\"sanction\",\"serbia\",\"USA\",\"war\"],\"articleSection\":[\"Balkans\",\"Latest news\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/euronews.al\/en\/u-s-sanctions-serbian-and-montenegrin-firms-for-supporting-russias-war\/\",\"url\":\"https:\/\/euronews.al\/en\/u-s-sanctions-serbian-and-montenegrin-firms-for-supporting-russias-war\/\",\"name\":\"U.S. sanctions Serbian and Montenegrin firms for supporting Russia's war - 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