From our files: Egyptian-Israeli peace treaty signed
On this day in history, 1979, the Egyptian-Israeli peace treaty was signed.
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The State Department official also went to great lengths to emphasize that new American aid to Egypt and Israel resulting from the peace treaty will not run as high as some speculation has had it. The official said the current estimate of the additional aid required placed it at $4.5 billion to $5 billion over the next three years, in contrast with some published estimates of $15 billion over a similar period.Skip to next paragraph
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The aid issue is an important one, partly because of what appears to be strong American public opposition to the idea of paying a high price for the Egyptian-Israeli peace. Some senators and congressmen have indicated that no price would be too high to pay for such an achievement. But they also are reporter to be receiving mail that runs strongly against any such suggestion.
The US, in the meantime, is clearly hoping to get help from its West European and Japanese allies in its efforts to bolster the Egyptian economy. Behind-the-scenes efforts to this end are reported to be under way in Europe and Japan.
One clear commitment the US has made is to supply Israel with its oil needs for as long as 15 years, should Israel's normal oil supplies be cut.
Israeli Foreign Minister Moshe Dayan indicated, however, that his country is not entirely happy with the "memorandum of agreement" worked out with the US. On the ABC television program "Issues and Answers" March 25, Mr. Dayan said Israel had hoped to have firmer assurances of US action in the event of Egyptian violations of the peace treaty.
Mr. Dayan also confirmed that a few last minute negotiating battles were still being fought, through the weekend, between US and Israeli negotiators. They had to do with assurances of Egyptian oil supplies to Israel and with the exchange of Egyptian and Israeli ambassadors that would follow Israel's initial withdrawal from Sinai.
As an indication of the difficulties that may lie ahead in dealing with the Palestinian problem, Mr. Begin, appearing on the CBS television program "Face the Nation," differed strongly with President Carter's recent suggestion that the Palestine Liberation Organization(PLO) might be brought into the negotiations. He referred to the PLO, which is the leading Palestinian umbrella organization, as the "most barbaric armed organization," and said it would be a "black day" when the US came to deal directly with the PLO.