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of Egypt of Western backers of Israel: a 5% cut in output, to be followed by reductions every month until Israel had withdrawn from all the occupied territories and the rights of the Palestinians had been restored.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
Anwar Sadat Israeli Prime Minister Menachem Begin in Washington, D.C., United States, on 26 March 1979, following the Camp David Accords (1978), a series of meetings between Egypt and Israel facilitated by US President Jimmy Carter. Both Sadat and Begin were awarded the Nobel Peace Prize for creating the treaty. In his acceptance speech, Sadat referred to the long-awaited peace desired by both Arabs and Israelis: Let us put an end to wars, let us reshape life on the solid basis of equity and truth. And it is this call, which reflected the will of the Egyptian people, of the great majority