US Embargo on Copper from Serbia Produced by Chinese Company

3 sourcesFirst reported 1 month agoUpdated 1 month ago

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The US has imposed an embargo on copper produced in Serbia by the Chinese company Zijin Copper.
The decision raises concerns in Belgrade about the impact on local employment and exports.
The US Customs and Border Protection cited forced labor suspicions in the production process.
Serbian President Aleksandar Vucic criticized the decision, alleging geopolitical motives behind it.
Zijin Copper denied the allegations, claiming adherence to labor laws and human rights standards.

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The United States has enacted an embargo on copper produced in Serbia by a Chinese company, leading to significant concern within the Serbian government. The U.S. Customs and Border Protection (CBP) issued an order to seize shipments of copper and related products originating from Serbia, citing issues related to labor practices, specifically allegations of forced labor.

Serbian President Aleksandar Vučić remarked on the geopolitical implications of the embargo, stating that Serbia is paying the price in a broader conflict between the U.S. and China. The decision has raised alarm in Belgrade as it could impact Serbian exports and the economic relationship with both the U.S. and China.

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US Embargo on Copper from Serbia Produced by Chinese Company

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