The primary of two pacts, often known as the Oslo accords, are signed between Israel and the Palestine Liberation Group (PLO), setting out a peace course of based mostly on earlier U.N. resolutions. (A follow-up accord was signed in 1995.) The agreements created the Palestinian Authority to supervise most administrative affairs within the West Financial institution and Gaza. The PLO is acknowledged by Israel and america as a negotiating accomplice. Left unresolved, nonetheless, are key points resembling Israeli settlements within the West Financial institution and the standing of Jerusalem, which is considered by the Palestinians because the capital of any future state.