The Great Assets
  • Business
  • World News
  • Politics
  • Investing
  • Business
  • World News
  • Politics
  • Investing

The Great Assets

World News

Finland to exit landmines treaty and hike defense spending given Russia threat, prime minister says

by admin April 2, 2025
April 2, 2025
Finland to exit landmines treaty and hike defense spending given Russia threat, prime minister says

NATO member Finland plans to quit a global convention banning anti-personnel landmines and boost defense spending to at least 3% of GDP by 2029 in response to the evolving military threat from Russia, the government said on Tuesday.

Poland and the Baltic countries of Estonia, Latvia and Lithuania said last month they would withdraw from the 1997 Ottawa convention due to threats posed by neighboring Russia.

By leaving the treaty, Finland, which guards NATO’s longest border with Russia, could start stockpiling landmines again to have them at hand should a need arise.

Prime Minister Petteri Orpo told a press conference there was no immediate military threat to his Nordic nation, but that Russia poses a long-term danger to all of Europe.

“Withdrawing from the Ottawa Convention will give us the possibility to prepare for the changes in the security environment in a more versatile way,” he said.

He added that Finland would allocate an additional 3 billion euros ($3.24 billion) to defense, raising the level of military spending from 2.41% in 2024 to 3% of gross domestic product by 2029.

President Alexander Stubb said in a post on X: “This is a part of Finland’s contribution to Europe taking greater responsibility for our own defense.”

The announcements come with US President Donald Trump doubling down on ending the war in Ukraine, which has stirred growing Polish and Baltic concerns that Russia could re-arm and target them instead.

Finland joined the NATO military alliance in 2023 in a policy shift away from decades of nonalignment triggered by Russia’s invasion of Ukraine, drawing a Russian threat of “counter-measures.”

Finland began considering withdrawal from the Ottawa treaty last November when its military commander said the matter should be discussed due to Russia’s use of such weapons in Ukraine.

“Finland will use mines in a responsible way, but it’s a deterrent we need,” Agriculture and Forestry Minister Sari Essayah told reporters on Tuesday.

Anti-personnel landmines are designed to be hidden in the ground and detonate automatically when someone steps on them or passes by in their proximity.

Finland destroyed over 1 million landmines after 2012, becoming the last EU state to sign the Ottawa convention, which has been ratified or acceded to by more than 160 countries – but not by Russia.

The 1997 treaty was one of a series of international agreements concluded after the end of the Cold War to encourage global disarmament. Anti-landmine campaigners won the Nobel Peace Prize that same year.

Mines have killed or maimed tens of thousands of civilians around the world, many of them long after wars have ended.

Leaving the treaty will require approval by the Finnish parliament but is expected to pass given widespread support among government and opposition parties.

This post appeared first on cnn.com

previous post
Bakeries close across Gaza as World Food Programme warns food supplies are set to run out in two weeks
next post
Trump’s massive 46% Vietnam tariffs could hit Nike, American Eagle and Wayfair

Related Posts

Trump freezes aid to South Africa over controversial...

February 9, 2025

Sudan’s army returns to capital after nearly two...

March 27, 2025

At least one killed after car rams into...

March 4, 2025

South Korea’s impeached President Yoon freed from detention...

March 8, 2025

Palestinian American teen killed by Israeli soldiers in...

April 7, 2025

Peruvian president calls for general elections amid security...

March 26, 2025

1960s pop icon Marianne Faithfull has died at...

January 31, 2025

Gunmen kill at least 20 people in gold...

April 26, 2025

Death toll from a boat capsizing in Congo...

April 20, 2025

Major airlines are avoiding Pakistan’s airspace as tensions...

May 6, 2025

    Join our mailing list to get access to special deals, promotions, and insider information. Your exclusive benefits await! Enjoy personalized recommendations, first dibs on sales, and members-only content that makes you feel like a true VIP. Sign up now and start saving!


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Editors’ Picks

    • 1

      Top 11 Countries by Rare Earth Metal Production

      February 27, 2025
    • 2

      Capital One outage drags into Friday afternoon, leaving some customers without deposit access

      January 23, 2025
    • 3

      Altech Batteries LtdCERENERGY Accredited Highest Possible Green Rating

      January 24, 2025
    • 4

      Altech – CERENERGY Accredited Highest Possible Green Rating

      January 24, 2025
    • 5

      Bank of America CEO says financial industry will jump into crypto payments if regulators allow it

      January 23, 2025
    • 6

      Netflix shares soar as company reports surging revenue, tops 300 million subscribers

      January 23, 2025
    • 7

      Strategic Alliance with Macmahon to Accelerate Redevelopment of Nifty

      January 23, 2025
    • About us
    • Contacts
    • Privacy Policy
    • Terms and Conditions
    • Email Whitelisting

    Disclaimer: thegreatassets.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.


    Copyright © 2025 thegreatassets.com | All Rights Reserved