Türkiye and Finland have signed a Defence Industry Cooperation Memorandum of Understanding (MoU) aimed at deepening collaboration between the two NATO allies through joint production, technology exchange, and the development of defence capabilities.
The agreement was signed by Turkish Presidency of Defense Industries head Haluk Gorgun and Finland's Director General for Resource Policy and National Armaments Director Olli Ruutu, marking a significant step in bilateral defense relations.
Görgün highlighted the strategic significance of the agreement, stating, “The memorandum of understanding we signed with Finland marks the beginning of a new era in joint production, technology sharing, and capability development.”
In a post on his X account, Görgün added that the agreement aims to “enhance and elevate defense industry cooperation between NATO allies Türkiye and Finland to its highest level.”
“Strong partnerships are the foundation of sustainable peace and a shared vision of security. This cooperation, which will bolster NATO’s deterrence, also represents a significant step toward the integration into Europe’s defense industry. We are combining the spirit of alliance with our industrial vision, further deepening our contribution to Euro-Atlantic security,” - he stated.
In 2023, Finland’s Defense Ministry announced the lifting of the military equipment export embargo to Türkiye, which had been in place since 2019, and granted licenses for arms sales. The ministry also issued the first commercial export license for military materials to Türkiye.
Finland had suspended its export licenses in October 2019 in response to Türkiye’s military operation in Syria. The permission for arms sales was among the conditions Türkiye set for approving Finland and Sweden’s NATO membership.
President Recep Tayyip Erdogan told Armenian Prime Minister Nikol Pashinyan on Friday that Türkiye is using all diplomatic means to establish stability not only in the Caucasus but throughout the region.
The official opening ceremony of the 'Azerbaijan' residential complex, constructed by Azerbaijan in the Turkish city of Kahramanmaraş, was held on Thursday and was attended by President of the Republic of Azerbaijan Ilham Aliyev and President of the Republic of Türkiye Recep Tayyip Erdoğan.
Iran's foreign minister is expected in Istanbul on Saturday for a key Organisation of Islamic Cooperation (OIC) council meeting as regional tensions rise over Israel's strikes on Iranian nuclear sites.
The European Bank for Reconstruction and Development (EBRD) has launched its Youth in Business programme in Türkiye, building on its success in 12 other countries. The initiative aims to mobilise up to €250 million in financing to support young entrepreneurs under 35.
Security measures along Türkiye' border with Iran have strengthened. Türkiye’s Minister of National Defense Yaşar Güler said it's due to recent developments at between Iran and Israel.
As Argentina’s unemployment hits a four-year high, the spotlight has turned to the libertarian administration of President Javier Milei, whose sweeping economic reforms are reshaping the country’s social and labour landscape.
South Korea’s chief trade negotiator, Yeo Han-koo, will travel to the United States from June 22 to 27 for a new round of high-level discussions aimed at resolving escalating trade tensions, the Ministry of Trade, Industry and Energy announced on Saturday.
US President Donald Trump said Friday that a major deal with Harvard University could be announced soon.
US President Donald Trump rejected the official assessment from his intelligence community that Iran is not currently building a nuclear weapon.
NATO needs to evolve to meet today’s changing world, Italy’s Defense Minister Guido Crosetto said Friday.
Iranian missiles struck multiple locations across Israel and neighbouring regions early Friday morning, including a Microsoft office complex, according to emergency responders and local media reports.
Peace is no longer a dream. It is a discussion. On the streets of Baku and Yerevan, it is also a question, of trust, of foreign interests, and of who truly wants it.
A high-speed tram derailment in central Gothenburg, Sweden, has left at least eight people injured late on Thursday (19 June), after the vehicle slammed into a snack bar on Avenyn Avenue.
The 2025 G7 Leaders’ Summit was held June 15–17 in Kananaskis, Alberta, under Canada’s presidency. Prime Minister Mark Carney framed the meeting around priorities of protecting communities, energy and climate security, the digital transition, and future partnerships.
The USS Nimitz is heading to the Middle East amid tensions between Israel and Iran. The U.S. aircraft carrier has a decades-long history in the region, from the 1979 hostage crisis to modern deployments, often serving as a key asset during periods of rising friction with Iran.
Israel’s Foreign Minister Gideon Sa’ar says Iran’s nuclear bomb development has been delayed by "at least two to three years" due to the ongoing conflict, while expressing doubt about diplomacy as European leaders push for renewed talks with Tehran in Geneva.
Iranian foreign minister Abbas Araghchi says Tehran will continue to defend itself unless Israeli strikes stop, following high-level talks in Geneva with the foreign ministers of the UK, France, Germany, and the European Union’s top diplomat.
Hungary has temporarily relocated its embassy from Tehran to Baku, citing rising security risks, Foreign Minister Péter Szijjártó announced in a video statement posted on social media.
China’s exports of rare earth magnets dropped sharply in May, plunging 52.9% from April to just 1,238 metric tons, their lowest monthly level since February 2020. The drop comes amid tightened export controls and growing customs scrutiny.
As Argentina’s unemployment hits a four-year high, the spotlight has turned to the libertarian administration of President Javier Milei, whose sweeping economic reforms are reshaping the country’s social and labour landscape.
South Korea’s chief trade negotiator, Yeo Han-koo, will travel to the United States from June 22 to 27 for a new round of high-level discussions aimed at resolving escalating trade tensions, the Ministry of Trade, Industry and Energy announced on Saturday.
US President Donald Trump said Friday that a major deal with Harvard University could be announced soon.
US President Donald Trump rejected the official assessment from his intelligence community that Iran is not currently building a nuclear weapon.
NATO needs to evolve to meet today’s changing world, Italy’s Defense Minister Guido Crosetto said Friday.
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