NATO's former Secretary General Jens Stoltenberg is set to become Norway's next finance minister on Tuesday, the country's finance ministry confirmed to CNBC.

OSLO, Norway (AP) — Former NATO Secretary-General Jens Stoltenberg said Tuesday that he is returning to government in his native Norway as finance minister.

Norway's eurosceptic Centre Party quit the government on Thursday in a dispute over the adoption of European Union energy policies, leaving the centre-left Labour to rule alone eight months before an election.

Former NATO head Jens Stoltenberg said he will temporarily leave his position as chair of the Munich Security Conference because he has accepted a position as Norway's finance minister.

Former NATO chief Jens Stoltenberg, who became Norway's new finance minister on Tuesday, said engaging with the Trump administration on trade was key to avoiding tariffs as Europe braces for a potential transatlantic trade war.