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The PLO's original main aim was the destruction of the Israeli state, but over time it changed to establishing a Palestinian state alongside that of Israel. In 1988, the PLO renounced terrorism and recognized Israel's right to exist. In 1993 a peace agreement was reached with Israel, providing for limited Palestinian autonomy in the Gaza Strip and the West Bank. In 1994 Arafat returned to the newly-liberated territories of Gaza and Jericho to head an interim civilian administration, the Palestine National Authority, and in 1995 further agreement was reached with Israel regarding extending Palestinian autonomy. In January 1996, Arafat was elected president of the newly-elected 88-member Palestine Legislative Council (PLC).
The flag is modelled on the Stars and Stripes of the United States' flag. The stripes represent the nine provinces at the time of liberation. Blue and white are the colours of Argentina and also of national hero, José Gervasio Artigas. Effective date: 12 July 1830.
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