This in turn led to the establishment of the right-wing dictatorship of the Estado Novo under António de Oliveira Salazar in 1933. Portugal was one of only five European countries to remain neutral in World War II. From the 1940s to the 1960s, Portugal was a founding member of NATO, OECD and the European Free Trade Association (EFTA). Gradually, new economic development projects and relocation of mainland Portuguese citizens into the overseas provinces in Africa were initiated, with Angola and Mozambique, as the largest and richest overseas territories, being the main targets of those initiatives. These actions were used to affirm Portugal's status as a transcontinental nation and not as a colonial empire.

Who led the Estado Novo?