U.N. Votes to Recognize State of Palestine

Resolution gives Palestine nonmember observer state status at the United Nations.
0:31 | 11/29/12

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Transcript for U.N. Votes to Recognize State of Palestine
Middle East history in the making tonight the UN general assembly voting within the hour to recognize the State of Palestine 138. In favor just nine opposed including Israel. And the United States. -- looked and felt like Independence Day on the West Bank. As Palestinians poured into the streets by the thousands and savored the moment. In the end it wasn't even close the United Nations General Assembly voting overwhelmingly. To recognize a Palestinian state in the West Bank East Jerusalem. And the Gaza -- Territory seized by Israel in the 1967. War. This racist -- -- occupation. Is making that -- -- solution. And the prospects for realizing peace. They're very difficult choice. If not -- Also the -- -- the Palestinians status as a non member -- -- although they will not have UN voting rights. The Palestinians could pursue war crimes -- against the Israelis -- the international criminal court for the first time. Both the US and Israel had urged the Palestinians to drop their bit. The only way to achieve peace. Is through agreements. That are reached by the parties directly. Through direct negotiations between themselves. And not through UN resolutions that completely ignore. Israel's vital security and national interest. Although the UN vote is largely symbolic it enhances the stature of Palestinian President Mahmoud Abbas both on the world stage. And against his militant rivals in Hamas. And it puts more international pressure on the Israelis. Who have continued to build settlements on disputed territory. He can't possibly -- a 150 missions are saying. And -- -- that. And so now the question will this bring both sides back to the table or will it drive them further apart there is already a move in the US congress to cut funding to the Palestinian Authority. In direct retaliation for the vote tonight.

This transcript has been automatically generated and may not be 100% accurate.

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