Israeli Prime Minister Yitzhak Rabin and PLO Chairman Yasser Arafat sign the Interim Agreement on the West Bank and the Gaza Strip.

Yitzhak Rabin was an Israeli statesman and general. He was the prime minister of Israel, serving two terms in office, 1974–1977, and from 1992 until his assassination in 1995. He is the first prime minister to have been born in Mandatory Palestine.

Yasser Arafat, also popularly known by his kunya Abu Ammar, was a Palestinian political leader. He was chairman of the Palestine Liberation Organization (PLO) from 1969 to 2004, President of the State of Palestine from 1989 to 2004 and President of the Palestinian Authority (PNA) from 1994 to 2004. Ideologically an Arab nationalist and a socialist, Arafat was a founding member of the Fatah political party, which he led from 1959 until 2004.

The Interim Agreement on the West Bank and the Gaza Strip, commonly known as Oslo II or Oslo 2, was a key and complex agreement in the Israeli–Palestinian peace process. Because it was signed in Taba, Egypt, it is sometimes called the Taba Agreement. The Oslo Accords envisioned the establishment of a Palestinian interim self-government in the Palestinian territories. Oslo II created the Areas A, B and C in the West Bank. The Palestinian Authority was given some limited powers and responsibilities in the Areas A and B and a prospect of negotiations on a final settlement based on Security Council Resolutions 242 and 338. The Accord was officially signed on 28 September 1995.