In 1988, Netanyahu returned to Israel and was elected as a member of the [[Knesset]], the legislator of Israel. During the 1991 [[Persian Gulf War]] Netanyahu was a member of Israeli delegation to the Madrid Peace Conference, which was the first direct negotiations between Israel and [[Syria]], [[Lebanon]], and a joint [[Jordanian]]-[[Palestinian]] delegation. In 1993, Netanyahu became chairman of the right-of-center Likud party. He was elected Israel's 9th Prime Minister in 1996 and sworn in after the approval of the Knesset. During his three year term the number of terror attacks in Israel drastically decreased. On economics he governed as a free-market conservative, accelerated privatization of government-owned companies and reduced the budget deficit. By the time of Netanyahu's reelection he had alienated the political left, while also the political right for his negotiations with [[Yasser Arafat]] and the Palestinians. He was defeated in May 1999 by Ehud Barak. | In 1988, Netanyahu returned to Israel and was elected as a member of the [[Knesset]], the legislator of Israel. During the 1991 [[Persian Gulf War]] Netanyahu was a member of Israeli delegation to the Madrid Peace Conference, which was the first direct negotiations between Israel and [[Syria]], [[Lebanon]], and a joint [[Jordanian]]-[[Palestinian]] delegation. In 1993, Netanyahu became chairman of the right-of-center Likud party. He was elected Israel's 9th Prime Minister in 1996 and sworn in after the approval of the Knesset. During his three year term the number of terror attacks in Israel drastically decreased. On economics he governed as a free-market conservative, accelerated privatization of government-owned companies and reduced the budget deficit. By the time of Netanyahu's reelection he had alienated the political left, while also the political right for his negotiations with [[Yasser Arafat]] and the Palestinians. He was defeated in May 1999 by Ehud Barak. |