A Sarmat intercontinental ballistic missile at Plesetsk testing field, Russia. AFP
A Sarmat intercontinental ballistic missile at Plesetsk testing field, Russia. AFP
A Sarmat intercontinental ballistic missile at Plesetsk testing field, Russia. AFP
A Sarmat intercontinental ballistic missile at Plesetsk testing field, Russia. AFP

Poland ready to host Nato nuclear weapons to deter Russia


Thomas Harding
  • English
  • Arabic

Poland is willing to station nuclear weapons of Nato allies on its territory after Russia reinforced its armaments in Belarus and the Russian exclave of Kaliningrad, the country's President said on Monday.

The move would send a “very strong message” to prevent a Russian invasion, a military expert told The National.

Poland, a Nato member and a staunch supporter of Ukraine, shares a border with both the Kaliningrad exclave and Belarus, Moscow's ally.

“If there were a decision by our allies to deploy nuclear weapons … on our territory in order to strengthen the security of Nato's eastern flank, we are ready,” President Andrzej Duda told Fakt.

Since Russia invaded Ukraine in 2022, Poland has considerably increased its inventory of conventional weapons, buying hundreds of tanks and artillery, mostly from South Korea,

However, the country does remain alert to the possibility of a surprise nuclear attack by Russia, especially if the weapons are stationed in Belarus, which shares a 400km border with Poland.

“From a political perspective this gives a very strong message to [Russian President Vladimir] Putin, and that is what Putin respects,” said retired British Army officer Hamish de Bretton-Gordon.

“It's a brave gesture that will strengthen Poland's deterrence value against any Russian attack if they have nuclear weapons stationed on their territory, and if it is a quid pro quo for the Belarus position then fine.”

Andrej Duda at a Nato summit in Brussels. AP
Andrej Duda at a Nato summit in Brussels. AP

He said that the advanced US tactical nuclear missiles throughout Britain and Europe meant that the move was not required, but that it could still act as a strong deterrent to Russian aggression.

Discussions about nuclear co-operation between Poland and the US have been going on “for some time”, he said.

When asked whether his country may host nuclear weapons, Polish President Andrzej Duda declared Warsaw's “readiness”.

“Russia is increasingly militarising Kaliningrad. Recently it has been relocating its nuclear weapons to Belarus,” he said.

On Monday, Prime Minister Donald Tusk, who shares Mr Duda’s views on national security, said he needed to discuss the proposal urgently.

A Russian rocket is fired somewhere in Ukraine. AP
A Russian rocket is fired somewhere in Ukraine. AP

The Kremlin has said it would take steps to respond to any move to station US nuclear weapons in Poland.

“The military will, of course, analyse the situation if such plans are implemented, and in any case will do everything necessary, will take all the necessary retaliatory steps to guarantee our safety,” Kremlin spokesman Dmitry Peskov said on Monday.

MATCH INFO

Who: UAE v USA
What: first T20 international
When: Friday, 2pm
Where: ICC Academy in Dubai

Bharatanatyam

A ancient classical dance from the southern Indian state of Tamil Nadu. Intricate footwork and expressions are used to denote spiritual stories and ideas.

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How much do leading UAE’s UK curriculum schools charge for Year 6?
  1. Nord Anglia International School (Dubai) – Dh85,032
  2. Kings School Al Barsha (Dubai) – Dh71,905
  3. Brighton College Abu Dhabi - Dh68,560
  4. Jumeirah English Speaking School (Dubai) – Dh59,728
  5. Gems Wellington International School – Dubai Branch – Dh58,488
  6. The British School Al Khubairat (Abu Dhabi) - Dh54,170
  7. Dubai English Speaking School – Dh51,269

*Annual tuition fees covering the 2024/2025 academic year

Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.

Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.

Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.

Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.

“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.

Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.

From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.

Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.

BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.

Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.

Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.

“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.

Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.

“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.

“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”

The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”

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Our legal consultant

Name: Hassan Mohsen Elhais

Position: legal consultant with Al Rowaad Advocates and Legal Consultants

SHOW COURTS ORDER OF PLAY

Centre Court (4pm UAE/12pm GMT)
Victoria Azarenka (BLR) v Heather Watson (GBR)
Rafael Nadal (ESP x4) v Karen Khachanov (RUS x30)
Andy Murray (GBR x1) v Fabio Fognini (ITA x28)

Court 1 (4pm UAE)
Steve Johnson (USA x26) v Marin Cilic (CRO x7)
Johanna Konta (GBR x6) v Maria Sakkari (GRE)
Naomi Osaka (JPN) v Venus Williams (USA x10)

Court 2 (2.30pm UAE)
Aljaz Bedene (GBR) v Gilles Muller (LUX x16)
Peng Shuai (CHN) v Simona Halep (ROM x2)
Jelena Ostapenko (LAT x13) v Camila Giorgi (ITA)
Jo-Wilfried Tsonga (FRA x12) v Sam Querrey (USA x24)

Court 3 (2.30pm UAE)
Kei Nishikori (JPN x9) v Roberto Bautista Agut (ESP x18)
Carina Witthoeft (GER) v Elina Svitolina (UKR x4)

Court 12 (2.30pm UAE)
Dominika Cibulkova (SVK x8) v Ana Konjuh (CRO x27)
Kevin Anderson (RSA) v Ruben Bemelmans (BEL)

Court 18 (2.30pm UAE)
Caroline Garcia (FRA x21) v Madison Brengle (USA)
Benoit Paire (FRA) v Jerzy Janowicz (POL)

Updated: April 23, 2024, 7:05 AM