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The Security Council is discussing the recent changes to the Serbian currency in Kosovo.
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The Security Council is discussing the recent changes to the Serbian currency in Kosovo.

The leader of Kosovo and the President of Serbia participated in a lively conversation with Council members regarding the implementation of new regulations, effective as of February 1st.

The regulatory decision by the Central Bank of Kosovo has designated the Euro as the sole accepted currency for cash transactions, rather than the Serbian dinar. Kosovo declared its independence in 2008, however, it remains unrecognized by Serbia.

During her presentation to the Council, Caroline Ziadeh, the appointed representative of the Secretary-General and leader of UNMIK, stated that the recently implemented rules will have a major impact on the lives of many Kosovo-Serbs residing in four municipalities in the north, as well as on the economy as a whole due to their significant purchasing power.

She stated that there was a lack of clear public explanation, even though the dinar has been used as the main currency for cash and business transactions in areas with a majority of Kosovo-Serb residents since 1999.

“According to her, the side that takes them and the justifications given do not matter. In the absence of clear public statements, these actions will only worsen the sense of uncertainty and lack of trust. She also expressed great concern over unilateral actions.”

Recent incidents

In spite of favorable progress towards the end of 2023, including plans for energy and customs procedures, she expressed worries about recent events.

She stated that on Thursday, a truck carrying cash was not allowed to enter Kosovo. Additionally, the Kosovo police confiscated around four million dinars in the Pejë/Peć municipality on February 3rd and it is still awaiting legal and administrative procedures.

In recent years, there have been occasional conflicts between the governments of Kosovo and Serbia. These conflicts have involved disputes over vehicle registration plates, efforts to prevent smuggling, and instances of violence.

She stated that the new regulation from the Central Bank of Kosovo and the recent police operations in Kosovo have not helped to decrease tension, despite repeated urging from international representatives.

Belgrade and Pristina talks

For over ten years, Kosovo and Serbia have been engaged in discussions led by the European Union in an effort to establish normal relations. However, negotiations came to a halt in September after a shooting incident between a Serbian man and Kosovo police resulted in four deaths.

The Special Representative urged Pristina and Belgrade to keep talking in order to maintain the rule of law. They emphasized the importance of upholding human rights in all actions.

She emphasized the importance of maintaining momentum in pursuing agreed-upon solutions. The consistent work towards establishing trust and respect is essential in achieving stability, prosperity, and security.

To access a comprehensive recap of this and other gatherings, go to the UN Meetings Coverage website in both English and French.

Source: news.un.org