The Accords basically consisted of a commitment by the [[United States]] to contribute an equal amount of foreign aid to [[Egypt]] annually that the US provided to [[Israel]]. Israel agreed to give up the [[Sinai]] Peninsula and its [[oil]] wells, which Israel occupied since the [[6 Day War]] of 1967, in what was dubbed a "land for peace" deal. Egypt agreed not to furnish or allow [[weapon]]s smuggling to militants and extremists through its border with Gaza and Israel. | The Accords basically consisted of a commitment by the [[United States]] to contribute an equal amount of foreign aid to [[Egypt]] annually that the US provided to [[Israel]]. Israel agreed to give up the [[Sinai]] Peninsula and its [[oil]] wells, which Israel occupied since the [[6 Day War]] of 1967, in what was dubbed a "land for peace" deal. Egypt agreed not to furnish or allow [[weapon]]s smuggling to militants and extremists through its border with Gaza and Israel. |