· Palestinian liberation organisation formally recongised israel as a state under oslo accord 1993 and gave up its armed struggle against israel
· Hamas was formed in 1987 and it doesn’t recognise israel and has continued armed struggle
o It is led by khaled mishal
· Hamas had won palestinian elections in 2006 but the west opposed it and cut of all aid which is main source of funding for palestine
· Fatah party is supported by west and it currently rules west bank while hamas is in control of gaza
o Hamas is backe by iran and syria
· Following this agreement there is every chance hamas may come to power
· It remains to be seen how US and EU respond to this new development
· This new deal has be brokered by egypt
· Under the unity agreement they have agreed to form a joint caretaker government, with presidential and legislative elections to be held in 2012
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