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
Governance of the Gaza Strip result, the United States and the EU cut off aid to the Gaza Strip, and Israel and the Middle East Quartet implemented punitive economic measures against the Gaza Strip. They view the group as a terrorist organization, and have pressured Hamas to recognize Israel, renounce violence, and make good on past agreements. Prior to disengagement, 120,000 Palestinians from Gaza were employed in Israel or in joint projects. After the Israeli withdrawal, the gross domestic product of the Gaza Strip declined. Israeli enterprises shut down, work relationships were severed and job opportunities in Israel dried up. Following Hamas takeover in 2007,