Nato allies formally back bids by Sweden, Finland to join alliance

Turkish Foreign Minister Mevlut Cavusoglu shaking hands with Sweden's Foreign Minister Ann Linde during the Nato summit in Madrid on June 28, 2022. PHOTO: REUTERS

BRUSSELS (BLOOMBERG) - Nato leaders formally invited Sweden and Finland to join the military alliance and agreed to sign their accession protocols, propelling the bids from the Nordic countries forward after weeks of stalling by Turkey.

"The accession of Finland and Sweden will make them safer, Nato stronger, and the Euro-Atlantic area more secure," according to summit conclusions agreed by Nato leaders in Madrid.

"The security of Finland and Sweden is of direct importance to the alliance, including during the accession process."

The leaders welcomed a memorandum agreed by Turkey, Sweden and Finland late on Tuesday (June 28) that led to Ankara lifting its block on the countries' bids to join. Turkey had concerns the two Nordic nations didn't do enough to tackle Kurdish groups it views as terrorists.

Nato leaders warned they face "systemic competition" from China, which challenges the alliance's "interests, security, and values and seek to undermine the rules-based international order". They also said Russia was "the most significant and direct threat" to allies' security, and accused it of intentionally worsening a food and energy crisis. They reiterated calls for Russia to immediately stop its war in Ukraine.

The leaders are planning to overhaul and boost the alliance's defences in the face of Russian aggression in Europe, including establishing a new force model that would put about 300,000 troops on high alert to deal with any future threats.

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