MARKET STRUCTURE · FRANCE

France formally recognises Palestinian state

BBC 23 Sep 2025 · 2:15 AM
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France has officially recognized the state of Palestine, joining several other nations in a push for a two-state solution amid ongoing conflict.
France formally recognises Palestinian state
Why it matters
In a significant diplomatic move, France has officially recognized the state of Palestine, as announced by President Emmanuel Macron during a UN conference. This recognition comes amid increasing international pressure on Israel due to the humanitarian crisis in Gaza and ongoing settlement activities in the West Bank. Macron stated that the time for peace has arrived and called for a two-state solution, urging the international community to act decisively. He highlighted the need for a transitional administration to manage Gaza and called for the release of Israeli hostages held by Hamas. Other countries, including Belgium and Luxembourg, are following suit in recognizing Palestine. However, Israel's leadership has condemned these actions, arguing that they undermine peace efforts and reward terrorism. The situation remains tense, with ongoing military operations in Gaza and calls for a ceasefire from Palestinian President Mahmoud Abbas.
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