AIRLINK 74.56 Increased By ▲ 0.31 (0.42%)
BOP 5.04 Decreased By ▼ -0.01 (-0.2%)
CNERGY 4.51 Increased By ▲ 0.09 (2.04%)
DFML 37.77 Increased By ▲ 1.93 (5.39%)
DGKC 90.97 Increased By ▲ 2.97 (3.38%)
FCCL 22.60 Increased By ▲ 0.40 (1.8%)
FFBL 32.66 Decreased By ▼ -0.06 (-0.18%)
FFL 9.75 Decreased By ▼ -0.04 (-0.41%)
GGL 10.98 Increased By ▲ 0.18 (1.67%)
HBL 115.90 No Change ▼ 0.00 (0%)
HUBC 136.25 Increased By ▲ 0.41 (0.3%)
HUMNL 10.15 Increased By ▲ 0.31 (3.15%)
KEL 4.62 Increased By ▲ 0.01 (0.22%)
KOSM 5.06 Increased By ▲ 0.40 (8.58%)
MLCF 40.41 Increased By ▲ 0.53 (1.33%)
OGDC 138.00 Increased By ▲ 0.10 (0.07%)
PAEL 27.62 Increased By ▲ 1.19 (4.5%)
PIAA 24.49 Decreased By ▼ -1.79 (-6.81%)
PIBTL 6.74 Decreased By ▼ -0.02 (-0.3%)
PPL 123.10 Increased By ▲ 0.20 (0.16%)
PRL 27.02 Increased By ▲ 0.33 (1.24%)
PTC 14.05 Increased By ▲ 0.05 (0.36%)
SEARL 58.86 Increased By ▲ 0.16 (0.27%)
SNGP 70.19 Decreased By ▼ -0.21 (-0.3%)
SSGC 10.37 Increased By ▲ 0.01 (0.1%)
TELE 8.58 Increased By ▲ 0.02 (0.23%)
TPLP 11.20 Decreased By ▼ -0.18 (-1.58%)
TRG 64.62 Increased By ▲ 0.39 (0.61%)
UNITY 26.55 Increased By ▲ 0.50 (1.92%)
WTL 1.40 Increased By ▲ 0.02 (1.45%)
BR100 7,858 Increased By 19.6 (0.25%)
BR30 25,581 Increased By 121.1 (0.48%)
KSE100 75,195 Increased By 264.2 (0.35%)
KSE30 24,177 Increased By 31.4 (0.13%)

ISTANBUL: Turkiye is expected to send the final instrument of ratification for Sweden’s NATO membership to Washington within days, now that President Tayyip Erdogan signed it off, in a move Ankara hopes will clear the way to its purchase of US F-16 fighter jets.

A source familiar with the issue said the document could be deposited as early as Friday, marking the last step in a process that began in 2022.

After 20 months of delay, Turkiye moved rapidly this week to ratify the Swedish bid, with parliamentary ratification coming on Tuesday and President Tayyip Erdogan signing off on the approval on Thursday.

As per formal NATO rules, the final document in the process - the instrument of ratification - needs to be deposited in the US State Department archives in Washington.

Turkiye backing, long seen as the main obstacle in securing Sweden’s accession into the western military alliance, leaves Hungary as the only ally in the military alliance yet to ratify the Swedish bid.

Turkiye’s Erdogan tells Putin he will continue efforts to reinstate grain deal

Both Erdogan and members of the US Congress had previously linked Ankara’s final approval of Sweden to the $20 billion sale of Lockheed Martin F-16s and modernization kits to Turkiye.

Shortly after the Turkiye parliament’s vote, US President Joe Biden sent a letter to leaders of key Capitol Hill committees to inform them of his intention to begin the formal notification process for the F-16 sale once Ankara completes Sweden’s NATO accession process.

The US Ambassador to Turkiye told Reuters on Thursday that he expected Washington to take rapid steps toward US Congress endorsment of the sale, with the State Department sending the formal notification to Congress immediately.

Comments

200 characters