Finland and Sweden have entered into a treaty on economic co-operation in the event of international emergencies. According to the treaty, the Finnish and Swedish governments are to pursue economic co‑operation, including exchange of information and communication in the fields of trade and security of supply. In the event of international crisis, the parties shall endeavour to keep secure their mutual trade, especially with respect to the goods specified in the annex to the treaty.
Following Sweden’s establishment of a new agency that co-ordinates preparedness activities (Myndigheten för samhällsskydd och beredskap, MSB), co-operation has been discussed also in relation to the application of the EU’s CIP Directive and pan‑Nordic co-operation, for example.
Finland and Norway have negotiated a bilateral framework agreement on security of supply. Within this framework, the parties may enter into more fully specified agreements. The general purpose of the agreement is to ensure mutual availability of goods and services in the event of domestic disruptions and international crises. Under the agreement, the parties can enter into industry-specific agreements and decide to undertake joint preparedness measures, where needed. After a slow start, the committee established under the agreement is now beginning to achieve practical results.
The agreement contains a number of restrictive clauses arising from Norway’s NATO membership and Finland’s EU membership. According to the organisation’s articles of association, the mutual co-operation obligations of the NATO member states shall have precedence over any other agreement in the event of emergency.
Nordic co-operation between government authorities is increasing
The Nordic countries have entered into further co-operation agreements addressing military supplies, emergency-specific pharmaceuticals, and electricity.