António de Oliveira Salazar
Despite the authoritarian character of the regime, Portugal did not experience the same levels of international isolation as Spain did following World War II. Unlike Spain, Portugal under Salazar was accepted into the Marshall Plan (1947–1948) in return for the aid it gave to the Allies during the final stages of the war. Furthermore, also unlike Spain, it was one of the 12 founding members of the North Atlantic Treaty Organisation (NATO) in 1949, a reflection of Portugal's role as an ally against communism during the Cold War in spite of its status as the only non-democratic founder. In 1950, Portugal joined the European Payments Union and participated in the founding of the European Free Trade Association (EFTA) in 1960 and the Organisation for Economic Co-operation and Development in 1961. It joined the General Agreement on Tariffs and Trade in 1962, and finally, Portugal signed a free trade agreement with the European Economic Community in 1972, still under the auspices of the "Estado Novo".
History of the Jews in Portugal
Following the Nazi invasion of Russia which cut off their supply of wolfram (tungsten) from Asia, Germany initiated tactics to extract wolfram from Portugal, initially by artificially running up prices in an attempt to get the people to bypass the Portuguese government and sell directly to German Agents. Salazar's government attempted to limit this and in October 1941 Germany retaliated by sinking a Portuguese merchant ship, the first neutral ship to be attacked during World War II. Germany torpedoed a second Portuguese ship in December. England then invoked long-standing treaties with Portugal dating from 1373 (Anglo-Portuguese Alliance) and 1386 (Treaty of Windsor) and Portugal honored these by granting a military base in the Azores to the Allies. The Allies then promised all possible aid in the event of a German attack against Portugal. Portugal continued to export wolfram and other goods to both Allied countries and Germany (partly via Switzerland) until 1944 when Portugal declared a total embargo of wolfram to Germany.