Likud economic positions that are more in line with popular preferences. Likud has historically espoused opposition to Palestinian statehood and support of Israeli settlements in the West Bank and Gaza Strip. However, it has also been the party that carried out the first peace agreements with Arab states. For instance, in 1979, Likud Prime Minister Menachem Begin signed the Camp David Accords with Egyptian President Anwar al-Sadat, which returned the Sinai Peninsula (occupied by Israel in the Six-Day War of 1967) to Egypt in return for peace between the two countries. Yitzhak Shamir was the first Israeli Prime Minister to meet
Anwar Sadat of Nasserism, re-instituting a multi-party system, and launching the Infitah economic policy. As President, he led Egypt in the Yom Kippur War of 1973 to regain Egypt's Sinai Peninsula, which Israel had occupied since the Six-Day War of 1967, making him a hero in Egypt and, for a time, the wider Arab World. Afterwards, he engaged in negotiations with Israel, culminating in the Egypt–Israel Peace Treaty; this won him and Israeli Prime Minister Menachem Begin the Nobel Peace Prize, making Sadat the first Muslim Nobel laureate. Although reaction to the treaty—which resulted in the return of Sinai to Egypt—was generally