Write a 3-4 sentence description of Oslo Accords 1993

The Oslo Accords, signed in 1993, were a set of agreements between the government of Israel and the Palestine Liberation Organization (PLO). These accords outlined a framework for peace negotiations aimed at resolving the Israeli-Palestinian conflict and establishing a Palestinian self-governing entity in the West Bank and Gaza Strip. The signing of the Oslo Accords marked a significant moment of hope for a peaceful resolution to the long-standing conflict in the region.