The Swedish flag is raised at Nato headquarters in Brussels on Monday. Reuters
The Swedish flag is raised at Nato headquarters in Brussels on Monday. Reuters
The Swedish flag is raised at Nato headquarters in Brussels on Monday. Reuters
The Swedish flag is raised at Nato headquarters in Brussels on Monday. Reuters

Nato's Stoltenberg 'didn't expect' Sweden and Finland accession during his mandate


Sunniva Rose
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Nato's Secretary General Jens Stoltenberg has said he "didn't expect" Sweden and Finland to join the alliance during his tenure but described their recent inclusion, spurred by Russia's invasion of Ukraine, as a "great" decision that has strengthened their security.

Mr Stoltenberg was speaking minutes before Sweden's flag was raised at Nato headquarters in Brussels during a rain-lashed ceremony on Monday, four days after the Scandinavian country formally became the alliance's 32nd member.

"I'm very honoured to be the Secretary General that has facilitated the membership for these two countries," Mr Stoltenberg told reporters, speaking alongside the Swedish Prime Minister Ulf Kristersson.

"But I didn't expect at all that Finland and Sweden was going to be a member during my tenure as Secretary General of Nato. And then of course, this changed totally with the full-scale invasion of Ukraine. And since then, things really moved very quickly," said Mr Stoltenberg, who is expected to step down later this year after a decade in the job.

Currently the most likely candidate to succeed Mr Stoltenberg is the caretaker Dutch Prime Minister Mark Rutte.

"After more than 200 years of military non-alignment, this is a historic step," said Mr Kristersson as his country's yellow and blue flag was prepared to be raised between those of Spain and Turkey.

In a signal of the broad support in Sweden for accession to Nato, the ceremony was attended by Sweden's Crown Princess Victoria as well as members of the Swedish cabinet and the leaders of the country's six main political parties.

"The Russian brutal full-scale invasion against Ukraine united Sweden behind the common conclusion that a full-fledged nation membership is the only reasonable choice," said Mr Kristersson.

"Our territory is located at the crossroads of northern Europe and we are ready to do our part all across the Euro-Atlantic area," said Mr Kristersson. "We bring with us some unique capabilities. Our armed forces are modern and well-trained on land, in the air and at sea."

As of January, Sweden has met the Nato standard of devoting 2 per cent of its GDP to defence spending, added Mr Kristersson, who lauded "Sweden's defence industrial base".

"Sweden will be a safer country in Nato and Nato will be a stronger alliance with Sweden in it," said Mr Kristersson.

The only criteria for a country to join Nato is whether its membership makes the alliance stronger. The inclusion of Sweden, nearly one year after its Nordic neighbour Finland, is widely viewed as a boost for the alliance as the two countries share strong military capabilities and geographical proximity to Russia.

Sweden and Finland applied to join Nato together in May 2022. Turkey and Hungary held up negotiations on Sweden's accession, which required unanimity from all members of the alliance.

Sweden's accession to Nato will likely come as a relief to European members of the alliance who have expressed fears that US support for Nato might be weakened should Donald Trump win this year's presidential election.

Eastern European countries in particular are pushing hard for their allies to increase defence spending, with Polish President Andrzej Duda expected to propose that Nato member states raise the minimum level of defence spending from 2 to 3 per cent of economic output in his talks with US President Joe Biden.

Mr Trump has said he told a Nato ally during his presidency that he would encourage Russia “to do whatever the hell they want” to countries that didn’t meet the alliance’s defence spending obligations. His comments triggered a sharp rebuke from Mr Stoltenberg, who said such comments undermine all allies' security.

Comments such as a recent call by Pope Francis for Ukraine to negotiate with Russia and have the courage "to raise the white flag" have provoked outrage, particularly in Ukraine.

Mr Stoltenberg said a negotiated peace was possible, but only if the Russian President Vladimir Putin pulls his forces back.

"President Putin started this war and he could end it today. But Ukraine does not have this option. Surrender is not peace," said Mr Stoltenberg.

"We must continue to strengthen Ukraine to show President Putin that he will not get what he wants on the battlefield, but must sit down and negotiate a solution."

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Founded over 50 years ago, the National Archives collects valuable historical material relating to the UAE, and is the oldest and richest archive relating to the Arabian Gulf.

Much of the material can be viewed on line at the Arabian Gulf Digital Archive - https://www.agda.ae/en

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Barcelona v Real Madrid, 11pm UAE

Match is on BeIN Sports

Benefits of first-time home buyers' scheme
  • Priority access to new homes from participating developers
  • Discounts on sales price of off-plan units
  • Flexible payment plans from developers
  • Mortgages with better interest rates, faster approval times and reduced fees
  • DLD registration fee can be paid through banks or credit cards at zero interest rates
Ten tax points to be aware of in 2026

1. Domestic VAT refund amendments: request your refund within five years

If a business does not apply for the refund on time, they lose their credit.

2. E-invoicing in the UAE

Businesses should continue preparing for the implementation of e-invoicing in the UAE, with 2026 a preparation and transition period ahead of phased mandatory adoption. 

3. More tax audits

Tax authorities are increasingly using data already available across multiple filings to identify audit risks. 

4. More beneficial VAT and excise tax penalty regime

Tax disputes are expected to become more frequent and more structured, with clearer administrative objection and appeal processes. The UAE has adopted a new penalty regime for VAT and excise disputes, which now mirrors the penalty regime for corporate tax.

5. Greater emphasis on statutory audit

There is a greater need for the accuracy of financial statements. The International Financial Reporting Standards standards need to be strictly adhered to and, as a result, the quality of the audits will need to increase.

6. Further transfer pricing enforcement

Transfer pricing enforcement, which refers to the practice of establishing prices for internal transactions between related entities, is expected to broaden in scope. The UAE will shortly open the possibility to negotiate advance pricing agreements, or essentially rulings for transfer pricing purposes. 

7. Limited time periods for audits

Recent amendments also introduce a default five-year limitation period for tax audits and assessments, subject to specific statutory exceptions. While the standard audit and assessment period is five years, this may be extended to up to 15 years in cases involving fraud or tax evasion. 

8. Pillar 2 implementation 

Many multinational groups will begin to feel the practical effect of the Domestic Minimum Top-Up Tax (DMTT), the UAE's implementation of the OECD’s global minimum tax under Pillar 2. While the rules apply for financial years starting on or after January 1, 2025, it is 2026 that marks the transition to an operational phase.

9. Reduced compliance obligations for imported goods and services

Businesses that apply the reverse-charge mechanism for VAT purposes in the UAE may benefit from reduced compliance obligations. 

10. Substance and CbC reporting focus

Tax authorities are expected to continue strengthening the enforcement of economic substance and Country-by-Country (CbC) reporting frameworks. In the UAE, these regimes are increasingly being used as risk-assessment tools, providing tax authorities with a comprehensive view of multinational groups’ global footprints and enabling them to assess whether profits are aligned with real economic activity. 

Contributed by Thomas Vanhee and Hend Rashwan, Aurifer

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Director: Fernando Meirelles

Stars: Anthony Hopkins, Jonathan Pryce 

Four out of five stars

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MATCH INFO

Quarter-finals

Saturday (all times UAE)

England v Australia, 11.15am 
New Zealand v Ireland, 2.15pm

Sunday

Wales v France, 11.15am
Japan v South Africa, 2.15pm

'Worse than a prison sentence'

Marie Byrne, a counsellor who volunteers at the UAE government's mental health crisis helpline, said the ordeal the crew had been through would take time to overcome.

“It was worse than a prison sentence, where at least someone can deal with a set amount of time incarcerated," she said.

“They were living in perpetual mystery as to how their futures would pan out, and what that would be.

“Because of coronavirus, the world is very different now to the one they left, that will also have an impact.

“It will not fully register until they are on dry land. Some have not seen their young children grow up while others will have to rebuild relationships.

“It will be a challenge mentally, and to find other work to support their families as they have been out of circulation for so long. Hopefully they will get the care they need when they get home.”

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Updated: March 11, 2024, 1:19 PM