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The British withdrew from Palestine. The Jewish National Council proclaims the state of Israel
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Israel launches attack on Egypt's Sinai peninsula and drives toward Suez Canal. Egypt plans to fight back and protect the Suez Canal.
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The Palestinian Liberation Organization (PLO) is formed. PLO is an organization founded in 1964 with the purpose of the "liberation of Palestine" through armed struggle.
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Egypt and Israel sign a formal peace treaty. This ended 30 years of war and establishes diplomatic and commercial relations.
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Israel completes the return of the Sinai to Egyptian control. Ships could also freely pass across the Suez Canal
