The PLO in 1988 under Arafat’s leadership accepted Israel’s right to coexist with Palestine, which in effect renounced terrorism. In the 1993 accord Israel led to a limited Palestinian self-rule in Jericho and in the Gaza Strip in 1994. Arafat became president of the Palestinian Authority. Arafat, Yitzhak Rabin, and Shimon Peres shared a Nobel peace prize for the 1993 accord in 1994. | The PLO in 1988 under Arafat’s leadership accepted Israel’s right to coexist with Palestine, which in effect renounced terrorism. In the 1993 accord Israel led to a limited Palestinian self-rule in Jericho and in the Gaza Strip in 1994. Arafat became president of the Palestinian Authority. Arafat, Yitzhak Rabin, and Shimon Peres shared a Nobel peace prize for the 1993 accord in 1994. |