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    Home > Headlines > Palestinian foreign minister says recognition brings independence, sovereignty closer
    Headlines

    Palestinian foreign minister says recognition brings independence, sovereignty closer

    Published by Global Banking & Finance Review®

    Posted on September 21, 2025

    3 min read

    Last updated: January 21, 2026

    Palestinian foreign minister says recognition brings independence, sovereignty closer - Headlines news and analysis from Global Banking & Finance Review
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    Tags:international financial institutionfinancial crisisforeign currencyinvestment portfoliosfinancial management

    Quick Summary

    Recognition of a Palestinian state by several countries advances independence and sovereignty, despite criticism from Israel and the U.S.

    Table of Contents

    • Recognition of Palestinian State and Its Implications
    • International Response to Recognition
    • Israel's Reaction and Ongoing Conflict
    • Calls for Economic Measures Against Israel

    Palestinian Foreign Minister: Recognition Advances Independence and Sovereignty

    Recognition of Palestinian State and Its Implications

    By Alexander Cornwell

    International Response to Recognition

    RAMALLAH (Reuters) -Palestinian Foreign Minister Varsen Aghabekian Shahin said countries recognising a Palestinian state this week were taking an irreversible step that preserved the two-state solution and brought Palestinian independence and sovereignty closer.

    Israel's Reaction and Ongoing Conflict

    Britain, Canada and Australia formally recognised a Palestinian state on Sunday, joining other nations in a move aimed at reviving momentum for a two-state solution but which has been criticised by Israel and the United States.

    Calls for Economic Measures Against Israel

    "Now is the time. Tomorrow is a historic date we need to build on. It's not the end," Shahin told reporters in Ramallah.

    "It is a move bringing us closer to sovereignty and independence. It might not end the war tomorrow, but it's a move forward, which we need to build on and amplify," she said, referring to Israel's nearly two-year military campaign in Gaza.

    NETANYAHU SAYS THERE WILL NEVER BE A PALESTINIAN STATE

    Israel has sharply criticised the step, with some ministers dismissing it as irrelevant, saying it does not change the realities on the ground. Others have insisted that a Palestinian state can only be achieved through direct negotiations between Israelis and Palestinians. Prime Minister Benjamin Netanyahu this month declared there would never be a Palestinian state.

    Shahin said that Israel had no intention of negotiating, citing Netanyahu's remarks at a ceremony this month to build a new settlement in the Israeli-occupied West Bank that would cut off northern Palestinian communities from those in the south.

    "This recognition is certainly not symbolic. It is a practical, tangible, irreversible step that countries must take if they are invested in preserving the two-state solution," Shahin said.

    France and Saudi Arabia have led efforts to revive momentum for the two-state solution, with several countries to recognise a Palestinian state this week at the United Nations General Assembly in New York.

    U.S. Ambassador to Israel, Mike Huckabee, has dismissed the efforts as a stunt and counterproductive. Israeli officials have hardened their positions on settlement construction and West Bank annexation as international momentum for Palestinian statehood has grown.

    Israel has faced growing diplomatic isolation this year, as many of its closest allies, with the exception of the U.S., have condemned its assault on Gaza. Some have sanctioned Israeli ministers for inciting violence against Palestinians.

    Shahin said political pressure on Israel must shift to economic measures "to hold Israel accountable and protect the Palestinian people."

    "Today, Gaza burns. Today, Gaza is destroyed. Today in Gaza, people are systematically murdered," Shahin said, accusing Israel of perpetrating genocide in Gaza, an allegation Israel denies.

    A United Nations Commission of Inquiry last week said that it had concluded that Israel has committed genocide in Gaza, a finding also reached by a scholars' association, Amnesty International, and two leading human rights groups in Israel.

    (Reporting by Alexander CornwellEditing by Ros Russell)

    Key Takeaways

    • •Recognition of Palestinian state advances independence.
    • •Britain, Canada, and Australia recognize Palestinian state.
    • •Israel criticizes recognition, insists on direct negotiations.
    • •France and Saudi Arabia lead efforts for two-state solution.
    • •Calls for economic measures against Israel increase.

    Frequently Asked Questions about Palestinian foreign minister says recognition brings independence, sovereignty closer

    1What did the Palestinian Foreign Minister say about state recognition?

    Palestinian Foreign Minister Varsen Aghabekian Shahin stated that countries recognizing a Palestinian state are taking an irreversible step towards sovereignty and independence.

    2How has Israel reacted to the recognition of a Palestinian state?

    Israel has sharply criticized the recognition, with some ministers dismissing it as irrelevant and insisting that a Palestinian state can only be established through negotiations.

    3What measures did Shahin suggest to hold Israel accountable?

    Shahin suggested that political pressure on Israel should shift to economic measures to hold it accountable and protect the Palestinian people.

    4What did the UN Commission of Inquiry conclude about Israel's actions in Gaza?

    A United Nations Commission of Inquiry concluded that Israel has committed genocide in Gaza, a finding supported by various organizations including Amnesty International.

    5What is the significance of the recognition according to Shahin?

    Shahin emphasized that the recognition is not symbolic but a practical and tangible step that countries must take if they are invested in preserving the two-state solution.

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