No, it is just a declaration of support for a national home for the Jews. And that´s not even the point. The point is how it came into being.
Oh yes-----I remember that very well. Its nascence logically dates back to the
beginning of the 19th century (AD) Jews began an active project to buy land
in the place called "palestina" and did so in order to start little farming villages.
This project attracted arabs from the surrounding lands who sought work or business opportunities. Tensions arose as they do based on the ethos of
muslim societies-----one of the reasons being that it is actually ILLEGAL in shariah
law for jews to OWN LAND. Some of the jews even owned HORSES for farm workd-----also ILLEGAL under shariah law. Yes-----I remember. These issues are only very remotely connected to the BALFOUR DECLARATION