Finland is witnesses withdrawal of investors and businesses due to the risk of escalation with Russia

Due to risk assessment as a result of Finland's close proximity to Russia, investors and businesses are diverting to the neutral Baltic States for safety reasons.

Foreign investors have scrambled to pull out of Finland as it announced its bid to join NATO's defensive alliance despite Russian warnings. Finland shares a 1,300-kilometer border with Moscow. Due to the risk assessment as a result of Finland's close proximity to Russia, investors and businesses are shifting to the neutral Baltic States in order to ensure the safety and stability of their operations. Following Russia's heinous invasion of Ukraine, the Nordic countries have scrambled to beef up security. The significant withdrawal of businesses comes as Finland's president has warned that applying for NATO membership carries a "significant risk" of escalation with Moscow.

Finland's decision to join NATO is in line with its political ambitions: Finland's prime minister.

According to reports, Finland's president, Sauli Niinisto, claimed that applying for membership is in accordance with the country's current political attitude of aligning with the EU. In the face of Russian aggression, he emphasized the importance of defense cooperation with the US and neighboring Sweden. "The beginning point is that we are looking at something other than continuing in this manner," Niinisto told the Financial Times. "All of these options have the benefit of improving our security. Alternatively, we can ensure that our stability is maintained and that we live in a secure atmosphere... He went on to say, "Our main headline is Finnish security."

Russia has warned Sweden and Finland against joining the North Atlantic Treaty Organization (NATO), claiming that doing so would jeopardize the region's political stability. "It's obvious why the alliance requires this. The goal is to maintain military and geographic expansion while also establishing a new flank to threaten Russia. "However, it is unclear why our Baltic neighbors, Finland and Sweden, would become a new front in NATO's confrontation with Russia," Russia's foreign ministry spokeswoman Maria Zakharova told a state press conference.

Moscow has warned that joining the military bloc by the two neutral Nordic countries will result in a "major strategic mistake." In a massive escalation in and around the Baltic Sea region, Russia recently threatened Finland and Sweden with nukes and doubled the concentration of its troops if they joined the North Atlantic Treaty Organization. "There can be no mention of non-nuclear status for the Baltic in this circumstance," Dmitry Medvedev, Russia's deputy chief of security and former president, stated in a Telegram post.

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