U.S. Expands Sanctions on Bosnian Serb Leader's Network

The Biden administration targets a sanctions evasion network linked to Milorad Dodik amid concerns over undermining regional peace agreements.

The Treasury Department has blacklisted Vladimir Perisic and the company Elpring for aiding Milorad Dodik in evading sanctions.
Dodik, President of Republika Srpska, has been under U.S. and UK sanctions for corruption and attempts to secede from Bosnia.
The sanctions are part of efforts to uphold the Dayton Peace Agreement, which ended the Bosnian War and established Bosnia's political structure.
Igor Dodik, Milorad's son, is accused of manipulating corporate entities to circumvent U.S. sanctions and maintain control over assets.
The sanctions coincide with Donald Trump's election as U.S. President, an event celebrated by Dodik, highlighting political alignments.