The Camp David Accord
On September 17, 1978, just 32 years ago today, the Camp David Peace Accord was signed between Egypt and Israel by their respective leaders Anwar Sadat and Menachem Begin. The agreement was reached following twelve days of secret negotiations (from Semptember 5 to 16) at Camp David. The two framework agreements were signed at the White House, and were witnessed by United States President Jimmy Carter. The second of these frameworks, A Framework for the Conclusion of a Peace Treaty between Egypt and Israel, led directly to the 1979 Israel-Egypt Peace Treaty, and resulted in Sadat and Begin sharing the 1978 Nobel Peace Prize.

There were two 1978 Camp David agreements: A Framework for Peace in the Middle East and A Framework for the Conclusion of a Peace Treaty between Egypt and Israel, the second leading towards the Israel-Egypt Peace Treaty signed in March 1979. The agreements and the peace treaty were both accompanied by "side-letters" of understanding between Egypt and the U.S. and Israel and the U.S.
The first agreement had three parts. The first part was a framework for negotiations to establish an autonomous self-governing authority in the West Bank and the Gaza strip. The second part dealt with Egyptian-Israeli relations and the third part "Associated Principles" declared principles that should apply to relations between Israel and all of its Arab neighbors.

The second agreement outlined a basis for the peace treaty six months later, in particular deciding the future of the Sinai peninsula. Israel agreed to withdraw its armed forces from the Sinai, evacuate its 4,500 civilian inhabitants, and restore it to Egypt in return for normal diplomatic relations with Egypt, guarantees of freedom of passage through the Suez Canal and other nearby waterways, and a restriction on the forces Egypt could place on the Sinai peninsula, especially within 20–40 km from Israel. Israel also agreed to limit its forces a smaller distance (3 km) from the Egyptian border, and to guarantee free passage between Egypt and Jordan. With the withdrawal, Israel also returned Egypt's Abu-Rudeis oil fields in western Sinai, which contained long term, commercially productive wells.
The agreement also resulted in the United States committing to several billion dollars worth of annual subsidies to the governments of both Israel and Egypt, subsidies which continue to this day, and are given as a mixture of grants and aid packages committed to purchasing U.S. material. From 1979 (the year of the peace agreement) to 1997, Egypt received military aid of US$1.3 billion annually, which also helped modernize the Egyptian military. This is in addition to economic, humanitarian, and other aid, which has totaled more than US$25 billion. Eastern-supplied until 1979, Egypt now received American weaponry such as the M1A1 Abrams Tank, AH-64 Apache gunship and the F-16 fighter jet. In comparison, Israel has received $3 billion annually since 1985 in grants and military aid packages.
There were two 1978 Camp David agreements: A Framework for Peace in the Middle East and A Framework for the Conclusion of a Peace Treaty between Egypt and Israel, the second leading towards the Israel-Egypt Peace Treaty signed in March 1979. The agreements and the peace treaty were both accompanied by "side-letters" of understanding between Egypt and the U.S. and Israel and the U.S.
The first agreement had three parts. The first part was a framework for negotiations to establish an autonomous self-governing authority in the West Bank and the Gaza strip. The second part dealt with Egyptian-Israeli relations and the third part "Associated Principles" declared principles that should apply to relations between Israel and all of its Arab neighbors.
The second agreement outlined a basis for the peace treaty six months later, in particular deciding the future of the Sinai peninsula. Israel agreed to withdraw its armed forces from the Sinai, evacuate its 4,500 civilian inhabitants, and restore it to Egypt in return for normal diplomatic relations with Egypt, guarantees of freedom of passage through the Suez Canal and other nearby waterways, and a restriction on the forces Egypt could place on the Sinai peninsula, especially within 20–40 km from Israel. Israel also agreed to limit its forces a smaller distance (3 km) from the Egyptian border, and to guarantee free passage between Egypt and Jordan. With the withdrawal, Israel also returned Egypt's Abu-Rudeis oil fields in western Sinai, which contained long term, commercially productive wells.
The agreement also resulted in the United States committing to several billion dollars worth of annual subsidies to the governments of both Israel and Egypt, subsidies which continue to this day, and are given as a mixture of grants and aid packages committed to purchasing U.S. material. From 1979 (the year of the peace agreement) to 1997, Egypt received military aid of US$1.3 billion annually, which also helped modernize the Egyptian military. This is in addition to economic, humanitarian, and other aid, which has totaled more than US$25 billion. Eastern-supplied until 1979, Egypt now received American weaponry such as the M1A1 Abrams Tank, AH-64 Apache gunship and the F-16 fighter jet. In comparison, Israel has received $3 billion annually since 1985 in grants and military aid packages.
