Trade Relations between Moscow and Belgrade was not damaged from the sanctions the West imposed against the Russian Federation, However, the restrictive measures made it difficult to make payments, said the Agency Sputnik, the head of the Ministry of Finance of Serbia, du?an vujovi?.

"(Sanctions) did not affect Trade Relations between Serbia and Russia ", - said Vujovic on the sidelines of the annual meeting of the Board of governors of the world Bank and the IMF in Peru's capital, Lima. However, trade relations affected by "difficulties in making payments in terms of penalties," added the head of the Ministry.

Vujovic has noticed that Serbia supports "equally good Relations" with both Russia and with Western countries." in our economic and national interests to maintain good commercial and economic Relations with Russia. I dream that we will be able to stick to this position, " he said.

Relations between Russia and the West deteriorated in connection with the situation in Ukraine. At the end of July 2014, the EU and the US from point penalties against certain individuals and organizations have moved to the measures against entire sectors of the Russian economy. In response, Russia restricted imports of food items from countries that have imposed against her punishment. In June this year the EU extended the punishment until January 2016, the Russian authorities have decided to extend food embargo for a year.

Serbian Ambassador in Moscow slavenko Terzic, in July this year said that Serbia considers any punishment in international relations archaic policy tool and does not plan to join anti-Russian measures against the EU.

sections: Politics