The agreement signed by Emmanuel Macron with New Caledonia's leaders establishes the creation of a 'state of New Caledonia' within the French Republic, with the aim of overcoming separatist tensions. After deadly violence last year, the compromise gives the island greater sovereignty but maintains ties with France. The deal includes conditions for a residents' vote and an economic recovery pact, and is subject to parliamentary approval and a referendum in 2026.
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