KEY POINTS
  • Sweden's Foreign Minister Tobias Billström told CNBC Sweden and Finland's NATO membership was "just a matter of time" with negotiations with ratification holdout Turkey set to resume.
  • Billström said Sweden had "worked to fulfil everything" it agreed to in a memorandum of understanding between the countries last summer, and Swedish membership at the NATO summit in July was the goal.
  • Sweden last year requested to join the military alliance following 200 years of non-alignment due to the Russian invasion of Ukraine.
  • But it is embroiled with a long-running dispute with Turkey, which holds veto power.

Sweden and Finland are firmly on course to become NATO members this year, Sweden's foreign minister said Wednesday, amid strained negotiations with Turkey over their admittance.

Asked by CNBC's Silvia Amaro whether Sweden's membership was really happening given tensions with Ankara, Tobias Billström said: "Of course it is."