Does this sign indicate that you have priority over vehicles approaching from the opposite direction?

In the photo you are driving along a street in a town and approaching a narrowing with a traffic island; on the right there is a round sign with a red border, a red arrow pointing up and a black one pointing down - B-31 "priority for oncoming vehicles", and under it C-10 "keep left of the sign". This sign does not mean that you have right of way over a vehicle from the opposite direction. The answer is: no.

The Regulation on road signs and signals states that sign B-31 "priority for oncoming vehicles" prohibits drivers from driving or walking onto a narrowed section of the roadway if this would force drivers who are on that section or approaching it from the opposite direction to stop. It is you who gives way: if someone is coming from the opposite direction or is already in the narrowing, you stop before it and wait. It is easy to confuse this sign with its opposite - D-5 "priority over oncoming traffic on a narrow section", a blue square with a white arrow pointing up and a red one pointing down, which stands on the other side of the narrowing and gives right of way to the drivers there. A helpful association: B-31 is round with a red border like a prohibition sign, because it prohibits entry.

Legal basis: § 25, § 46 and § 35 para. 1 of the Regulation on road signs and signals