"Sweden has today recognised the State of Palestine. The Government considers that the international law criteria for the recognition of Palestine have been satisfied.
Sweden hopes that its decision will facilitate a peace agreement by making the parties less unequal, supporting the moderate Palestinian forces and contributing to hope at a time when tensions are increasing and no peace talks are taking place.
"The purpose of Sweden's recognition is to contribute to a future in which Israel and Palestine can live side by side in peace and security. We want to contribute to creating more hope and belief in the future among young Palestinians and Israelis who might otherwise run the risk of believing that there is no alternative to the current situation," says Minister for Foreign Affairs Margot Wallström (Social Democratic Party).
The Government also adopted a five-year aid strategy including substantially increased support to Palestinian state-building. Bilateral aid to Palestine will increase by SEK 500 million to SEK 1.5 billion over the next five-year period, in addition to Sweden's substantial humanitarian assistance."