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Australia Announces Formal Recognition of Palestinian State in September 2024

The announcement reflects a growing international trend towards recognizing an independent...
Key Metrics

10.16

Heat Index
  • Impact Level
    Medium
  • Scope Level
    National
  • Last Update
    2025-09-12
Key Impacts
Positive Impacts (3)
Middle-East Construction & Infrastructure Sector
ESG/Human-Rights Focused Investment Funds & Indexes
Potential Palestinian Sovereign Bonds
Negative Impacts (3)
Elbit Systems Ltd.
Tel Aviv 35 Index
Israeli Technology Sector
Total impacts: 7 | Positive: 3 | Negative: 3
Event Overview

The announcement reflects a growing international trend towards recognizing an independent Palestinian state, aligning with the two-state solution. This move signifies diplomatic support and political pressure for resolving the long-standing conflict.

Collect Records
International Community Supports Two-State Solution and Recognition of Palestinian State
2025-09-13 05:41

The international community widely views the two-state solution as the only practical way to resolve the Palestinian issue, with recognizing the State of Palestine being a crucial step. Over two-thirds of UN member states have already recognized Palestine as a state. Several Western countries, including France, the UK, and Canada, have recently announced their intention to recognize Palestine as a state. The two-state solution envisions an independent, sovereign Palestinian state based on the 1967 borders, with East Jerusalem as its capital, aiming to achieve peaceful coexistence between Palestinians and Israelis and long-term peace in the Middle East.

Australia to Recognize Palestinian State in September
2025-06-17 18:03

On Monday, in Canberra, Australian Prime Minister Anthony Albanese announced that Australia will formally recognize the State of Palestine in September 2024. The announcement was made alongside Foreign Minister Penny Wong and follows similar commitments from other world leaders ahead of the September United Nations General Assembly.

Albanese stated, "A two-state solution is humanity’s best hope to break the cycle of violence in the Middle East and to bring an end to the conflict, suffering and starvation in Gaza." His remarks positioned the decision as part of a broader push for peace between Israel and the Palestinians.

The announcement came shortly after U.S. Secretary of State Marco Rubio spoke with Penny Wong on Sunday to discuss Middle East issues and global efforts to combat antisemitism, according to a State Department statement.

Several close U.S. allies, including Canada, the United Kingdom, and France, have also pledged to recognize Palestinian statehood during the UN General Assembly in September. Canadian Prime Minister Mark Carney confirmed that Canada would proceed with recognition provided the Palestinian Authority meets certain commitments. British Prime Minister Keir Starmer declared that the U.K. will recognize the State of Palestine unless Israel makes specific improvements in Gaza’s humanitarian situation and recommits to a peace process. French President Emmanuel Macron has made a similar promise.

If these recognitions proceed, the United States will be the only permanent member of the UN Security Council that does not recognize the State of Palestine.

Total records: 2
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