Foreign Policy news

Serbia's sole oil refiner NIS, sanctioned by the U.S. over its Russian ownership, said on Friday it has sought a special licence from the U.S. Treasury Department to continue operating after July 1, when the waiver issued last month expires.

The U.S. Office of Foreign Assets Control (OFAC) said it has extended to July 25 from June 27 a general licence allowing companies to negotiate with Russia's oil major Lukoil about buying its foreign businesses.

Croatia and Canada signed a memorandum of understanding to boost their cooperation in the civil use of nuclear energy, confirming their commitment to strengthen energy security, diversify energy sources, and develop sustainable energy solutions, the Croatian economy ministry said on Wednesday.

The European Union will provide an additional 10 million euro ($11.5 million) investment grant through its Neighbourhood Investment Platform to Moldova to finance renovation works in selected hospitals across the country, the European Investment Bank (EIB) said.

The UK's Office of Financial Sanctions Implementation (OFSI) said it has amended a temporary licence which allows for the continuation of business operations with Lukoil International, an Austria-based holding company for the Russian oil major's foreign assets, removing a requirement that payments be made into frozen accounts.