Netanyahu and Arafat sign the Wye River Agreement. The agreement is a land-for-peace deal which is signed after a 21-hour discussion between the two parties mediated by US president Bill Clinton. Jordan’s King Hussein, is also in attendance, assisting in the negotiations. Netanyahu:
The agreement benefits both sides and leaves me brimming with some confidence that Israel and the Palestinians could reach a final accord, though I guarantee you it will not be easy.