Peres–Hussein London Agreement

Also present in the meeting were Jordanian Prime Minister Zaid al-Rifai and Director General of the Israeli Foreign Affairs Ministry, Yossi Beilin.

Mistrust between both leaders as well as ideological differences led to Shamir's rejection of the agreement, and subsequently to Peres's failure to approve it in the Israeli cabinet in May.

Hussein was bitterly disappointed by Peres' inability to implement the agreement, and consequently disengaged from any further initiative to promote a solution to the Arab–Israeli conflict.

Following the start of the First Intifada in December 1987, the Jordanian Option became effectively irrelevant, and in July 1988 Hussein announced that Jordan had relinquished any claim to sovereignty over the West Bank.

An international peace conference between Israel and the Arab countries was eventually held in Madrid in October 1991, adhering to a framework similar to that agreed by Peres and Hussein in 1987.