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 Oslo II was signed in Taba, it is sometimes called the Taba Agreement. The Oslo Accords envisioned the establishment of a Palestinian interim self-government in the Palestinian territories but fell short of the promise of an independent Palestinian state. 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.
The Oslo II Accord was first signed in Taba (in the Sinai Peninsula, Egypt) by Israel and the PLO on 24 September 1995 and then four days later on 28 September 1995 by Israeli Prime Minister Yitzhak Rabin and PLO Chairman Yasser Arafat and witnessed by US President Bill Clinton as well as by representatives of Russia, Egypt, Jordan, Norway, and the European Union in Washington, D.C.
The agreement is built on the foundations of the initial Oslo I Accord, formally called the Declaration of Principles on Interim Self-Government Arrangements, which had been formally signed on 13 September 1993 by Israel and the PLO, with Prime Minister Rabin and Chairman Arafat in Washington, D.C. shaking hands, and officially witnessed by the United States and Russia.