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Serbia has been discreetly increasing its ammunition exports, with an estimated €800 million worth of Serbian-made ammunition reaching Ukraine through third-party countries since the start of the Russian invasion.
Serbian President Aleksandar Vucic acknowledged these exports, stating that while Serbia cannot directly export to Ukraine or Russia, it has secured contracts with Western countries like the US, Spain, and the Czech Republic. Vucic framed this as a business opportunity, noting that Serbian ammunition is cheaper than Western alternatives, and that he is focused on ensuring the exports are handled legally rather than the final destination of the munitions. [1][3][4]
Citations:
[1] https://armyrecognition.com/news/army-news/army-news-2024/business-more-useful-than-ideology-for-serbian-president-with-800-millions-euros-of-ammo-exported-in-ukraine
[2] https://www.armyrecognition.com/news/army-news/army-news-2024/business-more-useful-than-ideology-for-serbian-president-with-800-millions-euros-of-ammo-exported-in-ukraine?highlight=WyJydXNzaWEiXQ%3D%3D
[3] https://euromaidanpress.com/2024/06/22/ft-e800mn-worth-of-ammunition-from-serbia-reached-ukraine-via-third-parties/
[4] https://n1info.rs/english/news/ft-serbia-indirectly-exported-ammunition-800-million-euros-to-ukraine-and-is-moving-away-from-russia/
[5] https://www.laplacetarestaurant.cat/with4yh/8a14941P1d13/
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