In a statement released by its embassy in Dhaka, Sweden announced that they would be increasing aid to the Palestinians following their recognition of the State of Palestine. The decision received praise from the Palestinian president and criticism from Israel. Sweden is the first long-term EU state to acknowledge Palestine, a move made in support of a two-state solution to the Israeli-Palestinian conflict. By recognizing Palestine, Sweden hopes to facilitate peace talks and contribute to a future where Israel and Palestine can coexist peacefully. The Palestinians have long sought independence in the West Bank and Gaza Strip, with past attempts at peace talks yielding no permanent settlement. Sweden's foreign minister emphasized that the decision was not about taking sides but rather about bringing new energy to the stalled peace process. She also expressed hope that other EU countries would follow Sweden's lead. Sweden also announced a five-year aid strategy aimed at supporting Palestinian state-building, including increased support for moderate and non-violent forces promoting democracy and human rights.