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
Foreign relations of the Holy See time. Currently it has the territory of the State of the Vatican City under its direct sovereign rule. In the period of 1870-1929 between the annexation of Rome by the Kingdom of Italy and the ratification of the Lateran Treaty establishing the current Vatican City State, the Holy See was devoid of territory. In this period some states suspended their diplomatic relations, but others retained them (or established such relations for the first time or reestablished them after a break), so that the number of states that did have diplomatic relations with the Holy See almost doubled (from 16 to