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
History of Egypt under Anwar Sadat successes restored Egyptian pride and led to peace talks with the Israelis that eventually led to Egypt regaining the entire Sinai peninsula in exchange for a peace agreement. Sadat used his immense popularity with the Egyptian people to try to push through vast economic reforms that ended the socialistic controls of Nasserism. Sadat introduced greater political freedom and a new economic policy, the most important aspect of which was the infitah or "openness". This relaxed government controls over the economy and encouraged private investment. While the reforms created a wealthy and successful upper class and a small middle class, these