In 1994, Yitzhak Rabin, Yasser ARAFAT, Shimon Peres, and Yitzhak Rabin were awarded the Nobel Peace Prize for their efforts in negotiating the Oslo Accords, a peace agreement between Israel and the Palestine Liberation Organization. Rabin was an Israeli politician and the fifth Prime Minister of Israel, ARAFAT was a Palestinian leader and the Chairman of the Palestine Liberation Organization, RAIN was an Israeli statesman and the ninth Prime Minister of Israel, and Peres was an Israeli politician who served as both the ninth President of Israel and the Prime Minister of Israel.