A peace initiative put forth by US President Ronald Reagan on 1 September 1982. Following the agreement reached on the relocation of PLO leadership from Beirut to Tunis during the 1982 Lebanon War, Reagan placed the resolution of the Arab-Israeli conflict along side the reconstruction of Lebanon as one of his top two Middle East priorities. He called for elections to a self-governing Palestinian authority, inaugurating a five-year transitional period, during which Israeli settlements must not be expanded. The initiative stated that the transitional period is to end with a permanent status agreement, neither establishing a Palestinian state nor allowing Israel to exercise permanent sovereignty or control over the West Bank and Gaza Strip. It supported a settlement based on the "territory for peace" principle, enshrined in UN Security Council Resolution 242, and the creation of a Palestinian self-government in association with Jordan.