Finland's Prime Minister Sanna Marin is in favour of her country joining Nato. AP
Finland's Prime Minister Sanna Marin is in favour of her country joining Nato. AP
Finland's Prime Minister Sanna Marin is in favour of her country joining Nato. AP
Finland's Prime Minister Sanna Marin is in favour of her country joining Nato. AP

Finland's leaders support Nato membership bid


Tim Stickings
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Finland should apply to join Nato, the Nordic country's president and prime minister said on Thursday in a major policy shift triggered by Russia's invasion of Ukraine.

Head of state Sauli Niinisto and Prime Minister Sanna Marin called on politicians to approve a membership bid within days so that Finland can join the alliance "without delay".

"Nato membership would strengthen Finland's security," they said in a historic joint statement issued early on Thursday, and "as a member of Nato, Finland would strengthen the entire defence alliance."

Moscow reacted by saying the expansion of the alliance was "definitely” a threat to its security.

Russia's Foreign Ministry said it would need to take "retaliatory steps, both of a military-technical and other nature, in order to stop threats to its national security arising".

"Helsinki must be aware of the responsibility and consequences of such a move," it said.

Kremlin spokesman Dmitry Peskov said: "The expansion of Nato and the approach of the alliance to our borders does not make the world and our continent more stable and secure.”

Nato leaders are expected to give swift approval to any membership bid. Secretary General Jens Stoltenberg said Finland would be "warmly welcomed" as the alliance's 31st member and that the accession process would be "smooth and swift".

But Russia denounced a move which would double the length of its border with Nato. A Foreign Ministry statement said Moscow would be "forced to take retaliatory steps, both of a military-technical and other nature, in order to stop threats to its national security arising" from Finland's accession.

Finland, which shares a 1,300-kilometre land border with Russia, has previously preferred to stay out of Nato and seek cordial relations with its large eastern neighbour after two 20th-century wars. Ms Marin said in January that it was "very unlikely" the country would seek Nato membership on her watch.

But the war unleashed by Russia in February has prompted a rethink from Finland and its neighbour Sweden, where politicians are also expected to decide soon on whether to join the alliance.

Finnish Foreign Minister Pekka Haavisto, speaking to European Union lawmakers on Thursday, said his country was concerned by Russia's unpredictable behaviour and its readiness to wage "high-risk operations" that could lead to many casualties.

Polls in both countries show growing support for joining Nato as countries on Europe's northern and eastern flank bolster their security to face up to a newly hostile Russia. Preparations are being made in Finland for people to shelter in bunkers in the event of a nuclear attack.

Finland's parliament, where more than two in three lawmakers support the application, is preparing to debate the issue on Monday.

Soldiers from the Finnish armed forces operate a field gun during military exercises with Nato troops. AFP
Soldiers from the Finnish armed forces operate a field gun during military exercises with Nato troops. AFP

Moscow's threats of retaliation had prompted warnings from security chiefs about potential Russian efforts to meddle in their political debates. But leading politicians including Mr Niinisto say Russia has only itself to blame for motivating nearby countries to join Nato.

"You caused this. Look at the mirror,” Mr Niinisto told Russia on Wednesday.

The Kremlin views Nato expansion as a prime security grievance and its demands to keep Ukraine out of the alliance were central to the stand-off that culminated in the invasion.

A Finnish security review last month said moving under the umbrella of Nato’s Article 5 guarantee — in which all allies promise to defend each other from attack — would be a more effective deterrent against Russian aggression.

The joint statement said Ms Marin and Mr Niinisto had sought to "give the discussion the space it required" by consulting with Nato, Sweden, partner countries and parliamentary groups.

“Now that the moment of decision-making is near, we state our equal views... Finland must apply for Nato membership without delay," they said. They added: "We hope that the national steps still needed to make this decision will be taken rapidly within the next few days.”

A membership application will have to be approved by all 30 existing allies, but Mr Stoltenberg and many member states including Britain and the US have expressed support for admitting Finland.

German Chancellor Olaf Scholz welcomed the announcement and said he had told Mr Niinisto in a phone call that Europe's biggest economy would support Finland's application.

Finland and Sweden already co-operate closely with Nato and took part in recent drills in Europe's high north called Cold Response 2022. Diplomats from the two countries have attended numerous Nato meetings since the war in Ukraine broke out.

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Buy farm-fresh food

The UAE is stepping up its game when it comes to platforms for local farms to show off and sell their produce.

In Dubai, visit Emirati Farmers Souq at The Pointe every Saturday from 8am to 2pm, which has produce from Al Ammar Farm, Omar Al Katri Farm, Hikarivege Vegetables, Rashed Farms and Al Khaleej Honey Trading, among others. 

In Sharjah, the Aljada residential community will launch a new outdoor farmers’ market every Friday starting this weekend. Manbat will be held from 3pm to 8pm, and will host 30 farmers, local home-grown entrepreneurs and food stalls from the teams behind Badia Farms; Emirates Hydroponics Farms; Modern Organic Farm; Revolution Real; Astraea Farms; and Al Khaleej Food. 

In Abu Dhabi, order farm produce from Food Crowd, an online grocery platform that supplies fresh and organic ingredients directly from farms such as Emirates Bio Farm, TFC, Armela Farms and mother company Al Dahra. 

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End of free parking

- paid-for parking will be rolled across Abu Dhabi island on August 18

- drivers will have three working weeks leeway before fines are issued

- areas that are currently free to park - around Sheikh Zayed Bridge, Maqta Bridge, Mussaffah Bridge and the Corniche - will now require a ticket

- villa residents will need a permit to park outside their home. One vehicle is Dh800 and a second is Dh1,200. 

- The penalty for failing to pay for a ticket after 10 minutes will be Dh200

- Parking on a patch of sand will incur a fine of Dh300

While you're here
How to apply for a drone permit
  • Individuals must register on UAE Drone app or website using their UAE Pass
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  • Fly it within visual line of sight
  • Never over populated areas
  • Ensure maximum flying height of 400 feet (122 metres) above ground level is not crossed
  • Users must avoid flying over restricted areas listed on the UAE Drone app
  • Only fly the drone during the day, and never at night
  • Should have a live feed of the drone flight
  • Drones must weigh 5 kg or less
How will Gen Alpha invest?

Mark Chahwan, co-founder and chief executive of robo-advisory firm Sarwa, forecasts that Generation Alpha (born between 2010 and 2024) will start investing in their teenage years and therefore benefit from compound interest.

“Technology and education should be the main drivers to make this happen, whether it’s investing in a few clicks or their schools/parents stepping up their personal finance education skills,” he adds.

Mr Chahwan says younger generations have a higher capacity to take on risk, but for some their appetite can be more cautious because they are investing for the first time. “Schools still do not teach personal finance and stock market investing, so a lot of the learning journey can feel daunting and intimidating,” he says.

He advises millennials to not always start with an aggressive portfolio even if they can afford to take risks. “We always advise to work your way up to your risk capacity, that way you experience volatility and get used to it. Given the higher risk capacity for the younger generations, stocks are a favourite,” says Mr Chahwan.

Highlighting the role technology has played in encouraging millennials and Gen Z to invest, he says: “They were often excluded, but with lower account minimums ... a customer with $1,000 [Dh3,672] in their account has their money working for them just as hard as the portfolio of a high get-worth individual.”

Directed: Smeep Kang
Produced: Soham Rockstar Entertainment; SKE Production
Cast: Rishi Kapoor, Jimmy Sheirgill, Sunny Singh, Omkar Kapoor, Rajesh Sharma
Rating: Two out of five stars 

Updated: May 13, 2022, 6:36 AM