How much Finland will pay for NATO Membership? Read to know

Finland will have to contribute 2 per cent of its GDP and spend an additional 70-100 million euros ($75-106 million) per year for its administrative unit in NATO after becoming a permanent member, revealed  Finnish Foreign Minister Pekka Haavisto on Tuesday. This was explained by Haavisto in Parliament while presenting bill on Finland’s NATO membership, according to Sputnik.

" annual costs of joining NATO and its administration bodies and command structure are estimated at 70–100 million euros. As a member of NATO, Finland is committed to maintaining level of defence spending at least 2% of country's GDP," Haavisto said.

Finland required to pay $75-106 mn annually after becoming NATO member: Finnish Foreign Minister

Haavisto furr maintained that an additional 110 personnel would be sent from Finland for cause of membership by next year. He added that membership would also include submission of classified documents during process by Finnish authorities. "One of main consequences of NATO membership for operations of authorities will be organisation of various national information security functions to level provided by NATO information security requirements. volume of classified information will increase, and demand for its processing will increase," Haavisto said.

tably, Finnish parliament is expected to adopt NATO membership bill, as 188 MPs voted in favour of government's proposal for NATO membership in March this year. This development came after Sweden and Finland applied for NATO membership on May 18, months after Russia launched its aggressive military operation against Ukraine.

Finland and Sweden apply for NATO Membership

Earlier on July 4, 2022, Finland and Sweden had completed talks at NATO Headquarters in Brussels. Both countries had formally confirmed ir willingness and ability to meet all obligations and commitments that came with becoming NATO members. talks were held between NATO officials and representatives from Finland and Sweden. Finnish Foreign Minister Haavisto and Defense Minister Antti Kaikkonen led Finnish delegation, while Sweden's delegation was led by its Foreign Minister Ann Linde.

NATO Ambassadors also signed accession protocols for Finland and Sweden at NATO Headquarters on July 5. Till w, Hungary and Turkey have t ratified Swedish and Finnish applications. tably, Finland has been a close partner of NATO for many years, but Russia's unprovoked invasion of Ukraine prepared ground for Finland to apply for NATO membership.

Im: AP