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Free AccessPath Clear For Finland Accession After Turkish Parliament Approves Bid
The final obstacle in Finland's accession process for NATO was cleared on 30 March after the Turkish Grand National Assembly ratified the Nordic nation's bid. The country will officially be accepted into the defensive alliance at the next NATO Summit in Vilnius, Lithuania on 11-12 July. Following the vote NATO Sec-Gen Jens Stoltenberg stated that it was his aim to have Sweden's bid also fully ratified before the summit. Turkey remains at loggerheads with the Swedish gov't over the issue of the extradition of Kurdish dissidents it says are terrorists.
- Once Finland is part of NATO, Russia's borders with NATO states will grow from 1,232.8km to 2,572.8km. This will be viewed as a significant military threat by Russia and will undoubtedly see a greater military presence along the substantial Russo-Finnish border by Russian troops.
- The incumbent Finnish gov't has indicated that it would be unlikely to play host to any permanent NATO bases (a key demand of the socialist Left Alliance in the governing coalition). However, a change in gov't following the 2 Apr general election could change this stance, particularly if a more hawkish gov't under the centre-right National Coalition Party comes to power.
Map 1. NATO's Borders With Russia Before/After Finnish Accession
SOurce: u/gniziralopiB, MNI
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.