Serbia's election winners oppose sanctions on Russia and pledge to halt arms exports to war zones

Serbia's student-led opposition movement, which won the October 25 parliamentary election, has said it does not plan to impose sanctions on Russia and intends to stop arms exports to conflict zones, including shipments that reach Ukraine through Western intermediaries.

According to Reuters, the Student List's leading candidates have outlined a foreign policy that would preserve Serbia's longstanding ties with Moscow despite ending the rule of Aleksandar Vučić.

The movement has said it does not intend to align with European Union sanctions against Russia over its invasion of Ukraine.

Its candidates have also pledged that a future government would halt Serbian arms exports to war zones, including sales to Western countries that subsequently transfer the weapons to Ukraine.

The proposals have not yet been implemented, and the movement has not named the leaders of its future government.

Energy dependence on Russia

Serbia remains heavily dependent on Russian energy supplies.

Russia's Gazprom supplies approximately 2.2 billion cubic meters of natural gas to Serbia annually at below-market prices, according to Reuters.

The Student List has described that relationship as an acute economic dependency rather than a geopolitical alignment.

Serbia also faces uncertainty over its oil supplies as it awaits the sale of Russia's stake in NIS, the company operating the country's only oil refinery, to Hungary's MOL. The incoming government would depend on continued US sanctions waivers to maintain crude oil imports during the transition.

A change of government, but not necessarily foreign policy

The Student List's election victory ended the long rule of Vučić, whose government maintained relations with both Moscow and Kyiv.

During the campaign, the movement largely avoided divisive foreign policy questions, focusing instead on corruption, democratic reforms and economic concerns.

Its candidates have also maintained that Kosovo, which declared independence in 2008, remains part of Serbia — a position that complicates Belgrade's ambitions to join the EU.

European Commission President Ursula von der Leyen welcomed the prospect of reforms following the election and said the bloc was ready to work with Serbia on the rule of law, media freedom and its European future.

The Student List's positions suggest that Serbia's change of government may not bring an immediate shift in its policy toward Russia or the war in Ukraine.