Published by Global Banking and Finance Review
Posted on September 21, 2025
1 min readLast updated: January 21, 2026
Published by Global Banking and Finance Review
Posted on September 21, 2025
1 min readLast updated: January 21, 2026
Portugal's Foreign Affairs Minister announces the formal recognition of Palestine, advocating a two-state solution and urgent ceasefire in Gaza.
NEW YORK (Reuters) -Portugal's Foreign Affairs Minister Paulo Rangel announced on Sunday that the country has now recognised the state of Palestine.
"The recognition of the state of Palestine is the realization of a fundamental, constant, and fundamental line of Portuguese foreign policy," Rangel told reporters at the headquarters of Portugal's permanent mission to the United Nations in New York.
He said that "Portugal advocates the two-state solution as the only path to a just and lasting peace...a ceasefire is urgent", adding Hamas "cannot have any form of control in Gaza or outside it" and demanding the release of all hostages.
Rangel also said that recognizing the state of Palestine "does not erase the humanitarian catastrophe in Gaza," and he also condemned the situation of starvation there, the destruction, and the "expansion of Israeli settlements in the West Bank."
Portugal was recognising Palestine alongside Britain, Canada and Australia.
(Reporting by Sergio Goncalves in Lisbon and Ana Cantero in Madrid; Editing by Chizu Nomiyama )
Humanitarian aid refers to assistance provided to people in need, especially during crises such as natural disasters or conflicts, aimed at saving lives and alleviating suffering.
The two-state solution is a proposed framework for resolving the Israeli-Palestinian conflict, advocating for the establishment of an independent Palestinian state alongside the state of Israel.
An international financial institution is an organization that provides financial and technical assistance to countries for development projects, economic stability, and poverty reduction.
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