Fundamental Agreement Between the Holy See and the State of Israel Fundamental Agreement Between the Holy See and the State of Israel The Fundamental Agreement between the Holy See and the State of Israel or "Fundamental Accord" is a treaty or concordat between the Holy See and the State of Israel, signed on 30 December 1993. The Agreement deals with the property rights and tax exemptions of the Roman Catholic Church within Israeli territory. It did not resolve all issues, and the parties continue to meet in an attempt to resolve the issues outstanding. As a result of the Agreement, diplomatic relations between the Holy See and Israel were established in
Administration of the Property of the Holy See Administration of the Property of the Holy See Administration of the Property of the Holy See (, abbreviated ABSS) was a commission that, until 1967, administered the property of the Holy See other than the money in cash and Italian government bonds received when the Financial Convention attached to the Lateran Treaty of 1929 was implemented. Its origin lay in the decision of Pope Leo XIII on 9 August 1878 to appoint his then Secretary of State also as Prefect of the Sacred Palace and Administrator of the patrimony remaining to the Holy See after the complete loss of the