Foreign relations of Portugal holds claim to the disputed territory of Olivença on the Portugal-Spain border. Foreign relations of Portugal Foreign relations of Portugal are linked with its historical role as a major player in the Age of Discovery and the holder of the now defunct Portuguese Empire.Portugal is a European Union member country and a founding member of NATO. It is a committed proponent of European integration and transatlantic relations. Augusto Santos Silva is the current Minister of Foreign Affairs of Portugal. Historically, the focus of Portuguese diplomacy has been to preserve its independence, "vis-à-vis", the danger of annexation by Spain, and the
Altice Portugal Bank (5.01%). After privatization the Portuguese government owned 500 golden shares in PT, which carried special rights over the company's management decisions and blocked any one shareholder from holding more than 10% of voting rights within the company. The golden shares were the subject of a long running dispute between the government and the European Commission, which alleged that their existence was illegal under EU law. Portugal argued that the shares were in the public interest. A case brought before the European Court of Justice by the Commission to force the government to cede its shares resulted in the announcement