Oslo I Accord Signed

Date: May 4, 1994 • Location: Sederot, Israel

Israeli Prime Minister Yitzhak Rabin and PLO leader Yasser Arafat sign a peace accord, granting self-rule in the Gaza Strip and Jericho.

A prime minister, also known as a chief of cabinet, chief minister, first minister, minister-president or premier, is the head of the cabinet and the leader of the ministers in the executive branch of government, often in a parliamentary or semi-presidential system. A prime minister is not the head of state, but rather the head of government, serving as the chief of the executive under either a monarch or a president in a republican form of government.