Security Council debates Kosovo’s new rules on Serbian currency

7
Security Council debates Kosovo’s new rules on Serbian currency



The Prime Minister of Kosovo and Serbia’s President joined Council members in a heated discussion centred on new rules, which came into force on 1 February.

The Central Bank of Kosovo regulation made the Euro, not the Serbian dinar, the only currency allowed for cash transactions. Kosovo declared independence in 2008, but it is not recognized by Serbia.

Briefing the Council, Caroline Ziadeh, the Special Representative of the Secretary-General and head of the UN Interim Administration Mission in Kosovo (UNMIK), said the new regulations will affect tens of thousands of Kosovo-Serbs living in four northern municipalities and, more broadly, the economy, which depends on their purchasing power.

She said limited public explanation was offered, despite the fact that, since 1999, the dinar has served as the de facto primary currency for cash and commercial transactions in Kosovo-Serb majority areas.

“Regardless which side takes them and what justifications are provided, and in the absence of unambiguous public communications, such actions predictably exacerbate an environment of insecurity and mistrust,” she said, adding that unilateral actions are “cause for great concern”.

Recent incidents

Despite positive momentum at the end of 2023, from an energy road map to customs documentation, she raised concerns about recent incidents.

On Thursday, a cash-transfer truck was prevented entry into Kosovo, while some four million dinars confiscated by the Kosovo police on 3 February in the Pejë/Peć municipality still await judicial and administrative action, she said.

Tensions between authorities in Kosovo and Serbia have periodically erupted in recent years, including differences over vehicle licence plates and anti-smuggling operations alongside spates of violence.

“Neither the Central Bank of Kosovo’s new regulation, nor these recent Kosovo police operations, have contributed to de-escalation, as repeatedly called for by international interlocutors,” she said.

Belgrade and Pristina talks

Kosovo and Serbia have been involved in European Union-led talks for more than a decade with a view to normalizing relations, but negotiations stalled last September following a shootout between a Serbian man and Kosovo police that left four dead.

Calling on Pristina and Belgrade to continue their dialogue, the Special Representative said that upholding the rule of law is critical, and all related actions must be anchored in the principle of human rights.

“It is crucial that efforts towards negotiated and mutually accepted solutions do not falter,” she said. “Continuous effort to build greater mutual trust and respect are the only viable path to stability, prosperity and security.”

For a full summary of this and other meetings, visit UN Meetings Coverage in English and French.


Disasters Expo USA, is proud to be supported by Inergency for their next upcoming edition on March 6th & 7th 2024!

The leading event mitigating the world’s most costly disasters is returning to the Miami Beach

Convention Center and we want you to join us at the industry’s central platform for emergency management professionals.
Disasters Expo USA is proud to provide a central platform for the industry to connect and
engage with the industry’s leading professionals to better prepare, protect, prevent, respond
and recover from the disasters of today.
Hosting a dedicated platform for the convergence of disaster risk reduction, the keynote line up for Disasters Expo USA 2024 will provide an insight into successful case studies and
programs to accurately prepare for disasters. Featuring sessions from the likes of The Federal Emergency Management Agency,
NASA, The National Aeronautics and Space Administration, NOAA, The National Oceanic and Atmospheric Administration, TSA and several more this event is certainly providing you with the knowledge
required to prepare, respond and recover to disasters.
With over 50 hours worth of unmissable content, exciting new features such as their Disaster
Resilience Roundtable, Emergency Response Live, an Immersive Hurricane Simulation and
much more over just two days, you are guaranteed to gain an all-encompassing insight into
the industry to tackle the challenges of disasters.
By uniting global disaster risk management experts, well experienced emergency
responders and the leading innovators from the world, the event is the hub of the solutions
that provide attendees with tools that they can use to protect the communities and mitigate
the damage from disasters.
Tickets for the event are $119, but we have been given the promo code: HUGI100 that will
enable you to attend the event for FREE!

So don’t miss out and register today: https://shorturl.at/aikrW

And in case you missed it, here is our ultimate road trip playlist is the perfect mix of podcasts, and hidden gems that will keep you energized for the entire journey

-

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More