By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Sarajevo TimesSarajevo TimesSarajevo Times
  • HOME
  • POLITICS
    • BH & EU
  • BUSINESS
  • BH TOURISM
  • INTERVIEWS
    • BH & EU
    • BUSINESS
    • ARTS
  • SPORT
  • ARTS
    • CULTURE
    • ENTERTAINMENT
  • W&N
Search
  • ABOUT US
  • IMPRESSUM
  • NEWSLETTER
  • CONTACT
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Reading: The U.S. has stopped the Flow of Money, and RS Officials cannot get a Loan anywhere
Share
Font ResizerAa
Sarajevo TimesSarajevo Times
Font ResizerAa
  • HOME
  • POLITICS
  • BUSINESS
  • BH TOURISM
  • INTERVIEWS
  • SPORT
  • ARTS
  • W&N
Search
  • HOME
  • POLITICS
    • BH & EU
  • BUSINESS
  • BH TOURISM
  • INTERVIEWS
    • BH & EU
    • BUSINESS
    • ARTS
  • SPORT
  • ARTS
    • CULTURE
    • ENTERTAINMENT
  • W&N
Follow US
  • ABOUT US
  • IMPRESSUM
  • NEWSLETTER
  • CONTACT
© 2012 Sarajevo Times. All rights reserved.
Sarajevo Times > Blog > WORLD NEWS > The U.S. has stopped the Flow of Money, and RS Officials cannot get a Loan anywhere
WORLD NEWS

The U.S. has stopped the Flow of Money, and RS Officials cannot get a Loan anywhere

Published August 3, 2023
Share
SHARE

With the introduction of sanctions, the United States (U.S.) labeled Zeljka Cvijanovic, Radovan Viskovic, Nenad Stevandic, and Milos Bukejlovic responsible for the attack on the Dayton Peace Agreement and the Constitution of Bosnia and Herzegovina (BiH). An important message. The U.S.’s confirmation that it remains an ally of integral multi-ethnic BiH and a clear warning to the leaders of leading politics in Republika Srpska (RS) to stop. However, earlier examples show that the sanctions were short-lived.

The U.S. blacklist has been expanded by four names – and for at least as many reasons. Among them, are resistance to the Constitution, the dismantling of the state, and non-implementation of the decisions of the High Representative. All through the entity parliament, where lively debates on the Constitutional Court of BiH were held, threats were made and ultimatums were dictated. And in the end, everything is made official by the Law. So, therefore, a well-known tool. Sanctions against those responsible. Although the listed crimes are serious, the punishment seems to be mild. It only includes a ban on entry into the U.S. and the blocking of financial resources.

“It’s good to see that there are people in the U.S., in the State Department, who want to protect the order that the U.S. built with a lot of effort because we saw that they supported Christian Schmidt at the same time, who was destroying that order. It is obvious that this is a struggle of political forces within the State Department itself – some see it this way, others that way,” says Zlatko Hadzidedic, professor of international relations.

Academician Slavo Kukic is not sure that these sanctions will have any special effect on their own – this, he adds, is shown by the experience with sanctions on some other politicians, both in the RS and in the Federation of BiH (FBiH).

Numerous examples of people who have been blacklisted for years show that the consequences are not that significant. Zeljka Cvijanovic was blacklisted by the United Kingdom (UK) last year. At that time, she was the entity president of the RS. She changed her position, but not her policy. Sanctions did not stop her, but insiders claim that they are working slowly but surely until they are effective.

“People in the Balkans underestimate the U.S. sanctions – they even make fun of them, which is absolutely unacceptable. The U.S., in fact, with the help of its allies in Europe, has been stopping the flow of money to the RS for months. Dodik and Cvijanovic cannot get a loan anywhere,” claims Ivica Puljic, Al Jazeera Balkans reporter.

“The European Union (EU) has proven many times that it wants this kind of development in the Balkans and that it does not mind the strengthening of secessionist forces,” says Hadzidedic.

The absence of consensus in the EU does not prevent members from opting for individual sanctions. Germany has already suspended projects in this entity.

“However, when Germany, Sweden, the Netherlands, Spain, France, Austria impose sanctions on you – you don’t need that joint action, and neither Viktor Orban nor others like him will specifically save Dodik and others like him,” adds Kukic.

Sanctions – new, old, and announced – are, at least apparently, ignored in the RS. Blacklists did not stop the leading policy of this entity, but in the long run, they leave consequences. With sanctioned leaders, the RS becomes an undesirable partner and for foreign investors an unsafe ground for new projects. Thus, due to the responsibility of individuals, everyone pays the price, but mostly the citizens.

E.Dz.

What does the Dutch Apology for Genocide mean for BiH?

Over 130,000 Detained in Paris Following New Year’s Eve Riots

Supporting Macroeconomic and Public Finance Institutions has been a Common Objective of the EU and IMF

The Number of Victims of Floods and Landslides in Pakistan exceeded 300

Hamas Chief says they are ready for a ‘Long War’ in Gaza

Share This Article
Facebook Whatsapp Whatsapp Telegram Threads Bluesky Email Print
Share
What do you think?
Love0
Sad0
Happy0
Sleepy0
Angry0
Dead0
Wink0
Previous Article The Constitutional Court of the RS will decide on Amendments to the Criminal Code
Next Article Serbian President: The pressure on Serbia and Republika Srpska is Increasing
Leave a Comment Leave a Comment

Leave a Reply Cancel reply

You must be logged in to post a comment.

Stay Connected

10.2kFollowersLike
10.1kFollowersFollow
414FollowersFollow

Latest News

BiH FM met with the Minister of Foreign and European Affairs of the Republic of Croatia
March 18, 2026
Europol coordinates largest Referral action targeting Terrorist Audio Propaganda
March 18, 2026
Oil Prices on the rise, a Barrel of Brent exceeded 108 Dollars
March 18, 2026
Komsic Meets Professor Pettigrew: Strengthening Memory Culture Key to Reconciliation in BiH
March 18, 2026
Bosniak Representatives sign Statement against Hate Speech and Islamophobia
March 18, 2026
Iran
Israeli Minister Claims Iran Intelligence Chief Killed in Strike
March 18, 2026
Jahorina Mountain enters the Spring Part of the Ski Season
March 18, 2026
Cimburiada, between Culture and Tourism
March 18, 2026
BiH FM: All BiH Citizens who expressed Interest evacuated from the Middle East
March 18, 2026
“Sounds Bridging Japan and BiH” Commemorative Concert Celebrating 30 Years of Diplomatic Relations
March 18, 2026
Sarajevo TimesSarajevo Times
Follow US
© 2012 Sarajevo Times. All Rights Reserved.
  • ABOUT US
  • IMPRESSUM
  • NEWSLETTER
  • CONTACT
Go to mobile version
adbanner
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?