March 25, 1979 -- The 1979 Egypt–Israel Peace Treaty is signed.
The 1979 Egypt–Israel Peace Treaty was signed in Washington, D.C. on the March 26, 1979, following the 1978 Camp David Accords, which were signed by Egyptian President Anwar El Sadat and Israeli Prime Minister Menachem Begin, and were witnessed by United States President Jimmy Carter.
The peace treaty was signed sixteen months after Egyptian President Anwar El Sadat's visit to Israel in 1977 after intense negotiation.
The main features of the treaty were the mutual recognition of each state by the other, the cessation of the state of war that had existed since the 1948 Arab–Israeli War, and the complete withdrawal by Israel of its armed forces and civilians from the Sinai Peninsula which Israel had captured during the Six-Day War in 1967. Egypt agreed to leave the area demilitarized. The agreement also provided for the free passage of Israeli ships through the Suez Canal, and recognition of the Strait of Tiran, the Gulf of Aqaba and the Taba-Rafah straits as international waterways.
The agreement notably made Egypt the first Arab state to officially recognize Israel.
As part of the agreement, the US began economic and military aid to Egypt, and political backing for its subsequent governments. From the Camp David peace accords in 1978 until 2000, the United States has subsidized Egypt's armed forces with over $38 billion worth of aid. Egypt receives about $1.3 billion annually.
Israel is a part of EUCOM’s AOR and an important ally. This agreement was the first step in the long Middle East Peace process.