History of the Republic of Egypt of Western backers of Israel: a 5% cut in output, to be followed by reductions every month until Israel had withdrawn from all the occupied territories and the rights of the Palestinians had been restored. A UN resolution supported by the United States and the Soviet Union called for an end to hostilities and for peace talks to begin. For President Anwar Sadat, however, the war was much more a victory than a draw, as the Egyptian successes restored Egyptian pride and led to peace talks with the Israelis and to Egypt regaining the entire Sinai peninsula. In foreign relations
History of modern Egypt the disastrous Six-Day War of 1967, Egypt waged a War of Attrition in the Suez Canal zone. In 1971, three years into this war, Sadat endorsed in a letter the peace proposals of UN negotiator Gunnar Jarring, which seemed to lead to a full peace with Israel on the basis of Israel's withdrawal to its pre-war borders. This peace initiative failed as neither Israel nor the United States of America accepted the terms as discussed then. To provide Israel with more incentive to negotiate with Egypt and return the Sinai to it, and also because the Soviets had refused Sadat’s