Blockade of the Gaza Strip Bank and the Gaza Strip. The Israel Defense Forces left the Gaza Strip on 1 September 2005 as part of Israel's unilateral disengagement plan. An "Agreement on Movement and Access" (AMA) between Israel and the Palestinian Authority was concluded in November 2005 to improve freedom of movement and economic activity for residents of the Gaza Strip. Under its terms, the Rafah crossing with Egypt was to be reopened, with transits monitored by the Palestinian Authority and the European Union. Only people with Palestinian identity cards or foreign nationals, subject to Israeli oversight, were permitted to cross in and out. Following
Gaza Strip withdrawal. In 2005, after the Israeli withdrawal from the Gaza Strip, Gaza businessmen envisaged a "magnificent future". $1.1 million was invested in an upscale restaurant, Roots, and plans were made to turn one of the Israeli settlements into a family resort. The European Union states: "Gaza has experienced continuous economic decline since the imposition of a closure policy by Israel in 2007. This has had serious social and humanitarian consequences for many of its 1.7 million inhabitants. The situation has deteriorated further in recent months as a result of the geo-political changes which took place in the region during the