Egyptian-Israeli Relations

One month after the Israeli forces have moved behind the El Arish — Ras Muhammed line, both countries will exchange ambassadors and establish normal diplomatic relations. Egypt will end its economic boycott of Israel and grant Israeli ship and cargoes the right of passage through the Suez Canal. Israel will be permitted to buy oil from the Sinai fields that will be returned to Egypt. If Israel runs short of oil during the next 15 years, the US hat promised to make up that difference. Egypt and Israel will open their borders to each other's citizens and will eventually sign agreements on other trade and cultural exchanges.