Multilateral Relations
Finnish foreign policy emphasises its participation in multilateral organisations. Finland joined the United Nations in 1955 and the European Union in 1995. As noted, the country also is a member of NATO's Partnership for Peace as well as an observer in the Euro-Atlantic Partnership Council and the Western European Union. The military has been prepared to be more compatible with NATO, as co-operation with NATO in peacekeeping is needed, but military alliance does not have popular support.
In the European Union, Finland is a member of the Eurozone, and in addition, the Schengen treaty abolishing passport controls. 60% of foreign trade is to the EU. Other large trade partners are Russia and the United States.
Finland is well represented in the UN civil service in proportion to its population and belongs to several of its specialised and related agencies. Finnish troops have participated in UN peacekeeping activities since 1956, and the Finns continue to be one of the largest per capita contributors of peacekeepers in the world. Finland is an active participant in the Organization for Security and Cooperation in Europe (OSCE) and in early 1995 assumed the co-chairmanship of the OSCE's Minsk Group on the Nagorno-Karabakh conflict.
Cooperation with the other Scandinavian countries also is important to Finland, and it has been a member of the Nordic Council since 1955. Under the council's auspices, the Nordic countries have created a common labor market and have abolished immigration controls among themselves. The council also serves to coordinate social and cultural policies of the participating countries and has promoted increased cooperation in many fields.
In addition to the organisations already mentioned, Finland is a member of the International Bank for Reconstruction and Development, the International Monetary Fund, the World Trade Organization, the International Finance Corporation, the International Development Association, the Bank for International Settlements, the Asian Development Bank, the Inter-American Development Bank, the Council of Europe, and the Organisation for Economic Co-operation and Development.
Following the dissolution of the Soviet Union, Finland has moved steadily towards integration into Western institutions and abandoned its formal policy of neutrality, which has been recast as a policy of military nonalliance coupled with the maintenance of a credible, independent defence. Finland's 1994 decision to buy 64 F-18 Hornet fighter planes from the United States signalled the abandonment of the country's policy of balanced arms purchases from Communist countries and Western countries.
In 1994, Finland joined NATO's Partnership for Peace; the country is also an observer in the North Atlantic Cooperation Council. Finland became a full member of the European Union (EU) in January 1995, at the same time acquiring observer status in the EU's defence arm, the Western European Union.
Generally, Finland has abided by the principle of neutrality and has good relations with nearly all countries, as evidenced by the freedom of travel that a Finnish passport gives.
Read more about this topic: Foreign Relations Of Finland
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