"The bilateral commission of the Holy See and the State of Palestine, which is working on a comprehensive agreement" on the life and activity of the Catholic Church in Palestine , is putting the final touches to the treaty, the Vatican said.
"The agreement will be submitted to the respective authorities for approval ahead of setting a debate in the near future for the signing."
Read: UN implicitly recognises Palestinian state, as US, Israel lament vote
While it will be the first time the Roman Catholic Church signs a treaty with the State of Palestine, the Vatican has recognised the state since February 2013.
"The Holy See has identified the State of Palestine as such since the vote" by the UN general assembly to recognise it in November 2012, Vatican spokesperson Federico Lombardi told AFP.
In its annual directory the Palestinian representative is referred to as the representative of the State of Palestine.
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