Gaza Strip conceived partly as an Arab League attempt to limit the influence of Transjordan in Palestine. The All-Palestine Government was quickly recognized by six of the then seven members of the Arab League: Egypt, Syria, Lebanon, Iraq, Saudi Arabia, and Yemen, but not by Transjordan. It was not recognized by any country outside the Arab League. After the cessation of hostilities, the Israel–Egypt Armistice Agreement of 24 February 1949 established the separation line between Egyptian and Israeli forces, and established what became the present boundary between the Gaza Strip and Israel. Both sides declared that the boundary was not an international
Gaza Strip a flotilla raid in 2010. The closure has effectively cut off access for exports to traditional markets in Israel, transfers to the West Bank and has severely restricted imports. Exports are now down to 2% of 2007 levels." According to Sara Roy, one senior IDF officer told an UNWRA official in 2015 that Israel's policy towards the Gaza Strip consisted of: "No development, no prosperity, no humanitarian crisis." Economic output in the Gaza Strip declined by about one-third between 1992 and 1996. This downturn was attributed to Israeli closure policies and, to a lesser extent, corruption and mismanagement by Yasser