On September 13, 1993, Israeli Prime Minister Yitzhak Rabin and PLO Chairman Yasser Arafat shook hands on the White House lawn, witnessed by President Bill Clinton, following the signing of the Oslo I Accord. The agreement represented the first direct, face-to-face negotiation between Israel and Palestinian leadership. In an exchange of letters, the PLO formally recognized the State of Israel's right to exist, while Israel recognized the PLO as the representative of the Palestinian people. The accord established a framework for Palestinian interim self-governance in parts of the West Bank and Gaza Strip, creating the Palestinian Authority, and committed both sides to resolve "final status" issues — Jerusalem, borders, settlements, and Palestinian refugees — within five years. Rabin, Arafat, and Foreign Minister Shimon Peres were awarded the Nobel Peace Prize in 1994. The Oslo process ultimately failed to produce a final agreement. Rabin was assassinated in 1995 by an Israeli opposed to the accords. Subsequent Israeli governments moved unevenly on implementation; Israeli settlement construction in the West Bank accelerated during the Oslo period rather than halting. The 2000 Camp David Summit collapsed without agreement. A Second Intifada erupted in 2000. As of the 2020s, the Oslo framework's interim structures have effectively become a permanent status quo, with the Palestinian Authority administering limited civilian functions while Israel retains overall security control of the West Bank. The fundamental issues Oslo deferred — statehood, Jerusalem, refugees, settlements — remain unresolved.