George H. W. Bush Prime Minister Shamir for his leadership during the crisis. On August 11, 1992, following a meeting between President Bush and Prime Minister Yitzhak Rabin, Bush announced he would seek the approval of Congress to bestow Israel with up to $10billion in loan guarantees to assist the country with its absorbing of Soviet Union immigrants. The Bush administration and the Progressive Conservative Prime Minister of Canada Brian Mulroney spearheaded the negotiations of the North American Free Trade Agreement (NAFTA). The agreement would eliminate the majority of tariffs on products that were traded among the United States, Canada, and Mexico. This would
History of the United States (1991–2008) de-stabilize the Iraqi government and degrade the power of Hussein. Clinton also signed the Iraq Liberation Act to appropriate funds to Iraqi opposition groups in the hopes of overthrowing Hussein's regime and establishing democracy. Throughout the 1990s, the United States also played an active role in peace efforts in the Israeli–Palestinian conflict. President Clinton, Israeli Prime Minister Yitzhak Rabin, and Palestinian Prime Minister Yasser Arafat met and signed the Oslo Accords in 1993, which called for the gradual ceding of control of Palestinian areas to the Palestinians in exchange for peace. However, Rabin was assassinated in 1995 and by 2000,