Palestine has approved a declaration from BRICS nations supporting a two-state solution to the Israeli-Palestinian conflict, calling for an end to Israeli occupation and the establishment of a Palestinian state alongside Israel. This position comes as the region remains under a fragile ceasefire following the October 2025 truce, despite continued military activities and settlement expansions in the occupied territories. Prediction markets suggest an increased likelihood of international recognition for Palestine, potentially favorable in the future. However, odds for US recognition before 2027 remain low, though the BRICS statement could create a more favorable environment.
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