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Israel gave up territory for "peace" ...the promise of "peace" provided by the 'Oslo Accord' i 1994 and 1995.
..And you know who was president in 94 & 95 ! Here's a rundown of the accord provisions:
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1994: Gaza under Palestinian Authority
In September 1992, Israeli Prime Minister Yitzhak Rabin told a delegation from the Washington Institute for Near East Policy "I would like Gaza to sink into the sea, but that won't happen, and a solution must be found." [58]
In May 1994, following the Palestinian-Israeli agreements known as the Oslo Accords, a phased transfer of governmental authority to the Palestinians took place. Much of the Strip (except for the settlement blocs and military areas) came under Palestinian control. The Israeli forces left Gaza City and other urban areas, leaving the new Palestinian Authority to administer and police those areas. The Palestinian Authority, led by Yasser Arafat, chose Gaza City as its first provincial headquarters. In September 1995, Israel and the PLO signed a second peace agreement, extending the Palestinian Authority to most West Bank towns.
Between 1994 and 1996, Israel built the Israeli Gaza Strip barrier to improve security in Israel. The barrier was largely torn down by Palestinians at the beginning of the Al-Aqsa Intifada in September 2000. [59]
Promises, promises... ..And the old serpent coiled uin the tree, made promises too !