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Sadat and Begin were awarded the Nobel Peace Prize in 1978 for their achievements. Sadaat`s peace efforts were not so appreciated in the Arab world – Egypt was suspended by the Arab League and on 6 October 1981, Muslim extremists murdered in Sadat, Cairo. Nevertheless, the peace process continued without Sadat, and in 1982 Egypt officially entered into diplomatic relations with Israel. In April 1994, King Hussein sent Halevy for another secret meeting on the Jordan River. The king told him that he was ready to commit to a peace treaty and to conduct direct discussions to settle borders and all other issues. He wanted to move fast. He also called for Israel`s assistance with Washington to restore relations, including the resumption of military aid and spare parts and the delivery of a squadron of F-16 fighter jets to the Royal Jordanian Air Force. On March 26, 1979, sixteen months after Egyptian President Anwar Sadat`s dramatic visit to Jerusalem, Israel and Egypt – longtime enemies – signed a peace treaty on the White House lawn in Washington, DC. In particular, the agreement made Egypt the first Arab state to officially recognize Israel.  The exploratory meetings of Carter and Foreign Minister Cyrus Vance gave a fundamental plan to revive the peace process on the basis of a Geneva peace conference and presented three main objectives for Arab-Israeli peace: the Arab recognition of Israel`s right to peace, Israel`s withdrawal from the occupied territories won during the Six-day War through negotiations with neighbouring Arab nations , to ensure that Israel`s security is not threatened and that an undivided Jerusalem is ensured.  Rabin`s assassination a year later alienated Hussein`s partner in peace. He attended the funeral in Jerusalem, his first visit to the city since the 1967 war. Two years later, Prime Minister Benjamin Netanyahu sent a Mossad team to Amman to poison a Hamas official.
The assassination attempt caused a crisis in the new peace and Halevy had to be recalled from his new post as ambassador to the European Union in Brussels to flatten the disaster and free the Mossad team. He would then be appointed head of Mossad. Today, Egypt has an embassy in Tel Aviv and a consulate in Eilat, near the borders of the two countries on the Gulf of Akaba coast in the Red Sea.