The Sharm el-Sheikh Memorandum, full name: The Sharm el Sheikh Memorandum on Implementation Timeline of Outstanding Commitments of Agreements Signed and the Resumption of Permanent Status Negotiations was a memorandum signed on September 4, 1999 by Prime Minister of Israel Ehud Barak and PLO Chairman Yasser Arafat at Sharm el Sheikh in Egypt, overseen by the United States represented by Secretary of State Madeleine Albright. The memorandum was witnessed and co-signed by President Hosni Mubarak of Egypt and King Abdullah of Jordan.
The memorandum's purpose was to implement the Interim Agreement on the West Bank and the Gaza Strip (Oslo II) of September 1995 and to implement all other agreements between the PLO and Israel since September 1993: (Protocol on Economic Relations 1994; 1994 Cairo Agreement on the Gaza Strip and the Jericho Area, 1994 Washington Declaration, Agreement on Preparatory Transfer of Powers and Responsibilities Between Israel and the PLO 1994); Protocol on Further Transfer of Powers and Responsibilities 1995)
The two sides agreed to resume Permanent Status negotiations to reach a Permanent Status Agreement. They reaffirmed that negotiations on the Permanent Status would lead to the implementation of Security Council Resolutions 242 and 338. Both sides agreed to make a determined effort to conclude a Framework Agreement and established a timetable to achieve this goal.
Israel and Palestine agreed on a number of Israeli redeployments.
(Note: Area A - Full control of the Palestinian Authority.
Area B - Palestinian civil control, Israeli military control.
Area C - Full Israeli control.)
Both sides also agreed to establish:
The memorandum states that neither side would initiate or take any step that would change the status of the West Bank and the Gaza Strip in accordance with the Interim Agreement. This clause recognized the necessity to create an appropriate environment for negotiations,
Israeli and Palestinian negotiators also discussed various issues:
Palestine and Israel also called upon the international donor community to enhance its financial support for the Palestinian economic development and the Israeli-Palestinian peace process.
To sum up the memorandum: