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Free AccessSweden For Min Won't Commit To Accession Date Amid Turkish Feet-Dragging
Speaking in Helsinki, at a 2+2 summit involving the foreign and defence ministers of Finland and Sweden, Swedish Foreign Minister Tobias Billström states that he "Won't commit myself to any date for NATO membership [but] the start of the Turkish parliament process is welcome."
- However, signals from Ankara would seem to indicate that Sweden could be in for a lengthy wait for ratification from the Turkish Grand National Assembly. Turkish President Recep Tayyip Erdogan has hinted that rather than expedited ratification procedure that was afforded to Finland, the GNA is at present focused on the 2024 budget, likely delaying the ratification of Sweden's bid.
- Following a visit to Ankara, US Secretary of State Anthony Blinken stated that he believedthere would be progress in Sweden's NATO bid. There has been some speculationthat Erdogan is holding up Sweden's accession in an effort to put Turkey at the heart of international efforts to curtail the Israel-Hamas war.
- Finnish Foreign Minister Elina Valtonen: "Most pressing target for both our countries is to have Swedish NATO membership."
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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.