INSEAD Day 4 - 728x90

Borouge okays $656m dividend

The company said dividend reflects its resilience

DEWA posts record H1 profit

Revenue reaches record $4.04 billion.

Tabreed H1 revenue $308m

Blurb: Profit reaches $52 million in H1

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.

Empower profit climbs 16%

Dubai district cooling demand lifts earnings

NATO chief to visit Ankara in ‘near future’ to push Sweden membership 

Turkey and Hungary are the only NATO countries that have yet to ratify Sweden's membership bid. (AFP)
  • Stoltenberg said he had already spoken to Erdogan by phone earlier this week to "highlight the importance of making progress" on Sweden's membership
  • Swedish Foreign Minister said Stockholm had fulfilled "all the commitments" to join NATO and urged Turkey and Hungary to allow his country into the alliance

Oslo, Norway– NATO chief Jens Stoltenberg on Thursday said he would visit Ankara “in the near future” to push the ratification of Sweden’s membership, after the re-election of Turkish President Recep Tayyip Erdogan.

“I’m confident of course that Sweden will be a member, and then we’re working for that to happen as early as possible,” Stoltenberg said at a meeting of NATO foreign ministers in Oslo.

Stoltenberg said he had already spoken to Erdogan by phone earlier this week to “highlight the importance of making progress” on Sweden’s membership.

Turkey and Hungary are the only NATO countries that have yet to ratify Sweden’s membership bid.

Finland formally joined the alliance in April.

Erdogan, who was re-elected Sunday for another five-year term as Turkey’s president, has accused Sweden of being a haven for “terrorists”, especially members of the Kurdistan Workers’ Party (PKK).

Swedish Foreign Minister Tobias Billstrom said Stockholm had fulfilled “all the commitments” to join NATO and urged Turkey and Hungary to allow his country into the alliance.

“It is time for Turkey and Hungary to start the ratification of the Swedish membership to NATO,” he said.

“This was never a sprint, it’s a marathon, and we now see the end of it.”

Billstrom pointed to the entry into force on Thursday of new terror legislation in Sweden as the last step under an accord signed with Turkey last year.

Billstrom said he hoped to see a big step made towards membership at a meeting with representatives of Turkey in the coming weeks.

“Following that meeting, the ratification will happen,” Billstrom insisted.