Thursday, October 30, 2014

Sweden to grant $200 million to Palestine

'There is a territory, there is also a population. There is also a government with the opportunity to exhibit internal and external control.'
Sweden is set to give Palestine up to 1.5 billion kronor ($200 million) in aid, Foreign Minister Margot Wallstrom has announced, hours after it became the first European Union country to officially recognize Palestine as a state.
Wallstrom said in a statement on Thursday that Palestine fulfilled the criteria for recognition as a state in international law despite it not having fixed borders, and would receive between 500 million kronor ($68 million) and 1.5 billion kronor under a five-year assistance plan.
Wallstrom said: ''There is a territory, there is also a population. There is also a government with the opportunity to exhibit internal and external control."
Sweden has previously recognized states - Croatia in 1992 and Kosovo in 2008 - even though they lacked effective control over parts of its territory, Wallstrom said, underlying that Palestine was a similar case.

Source:https://www.middleeastmonitor.com/news/europe/14972-sweden-to-grant-200-million-to-palestine

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