The Balfour Declaration was never reversed as such (it was never withdrawn or determined to not represent the British interest). However, the British government took policies in the 1930s and 1940s which went strongly counter to the intentions of the Balfour Declaration.
The reason that the British made this about-face in their policies was that they wished to appease the Arabs and hopefully be able to extract their oil wealth even as they became independent. As hindsight shows, this policy was misguided since the oil nationalization that occurred throughout the Arab World and Iran in the 1950s and 1960s upset British oil intentions in this regard. Additionally, Arab States still malign Britain and its laws while Israel has proven to be a strong British ally.
The British government also wanted to prevent the escalation of tensions in Mandatory Palestine and believed that preventing more Jews from arriving in the territory would help achieve that. Whether that view is correct or not is debatable.
Balfour Declaration was announced by the then foreign minister of Britain,Earl Balfour in the year 1916.By this declaration the British lodged their support in favor of establishing an independent state of Israel for the Jews.
It is the Balfour Declaration, named for the British politician Arthur Balfour who proposed the establishment of a Jewish state in the British Protectorate of Palestine.Balfour Declaration
The Jews of Palestine liked the Balfour Declaration because it would provide them their own Jewish National Homeland. The majority population, the Arabs and Turks, hated the Balfour Declaration (for the exact same reason).
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The Balfour Declaration is often seen as the initiation of the process leading to the establishment of the State of Israel. -
Balfour Declaration
The Balfour declaration called for the establishment of a Jewish state in the Jews ancestral homeland of Israel
Balfour Declaration of 1917.
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The Balfour Declaration of 1917 was a letter that eventually led to the creation of a homeland of people of Jewish descent. It was initiated by Arthur James Balfour, the British Foreign Secretary.
The document in question is the Balfour Declaration of 1917.