Following the Israel-Egypt Peace Treaty of 1979, Israel agreed to withdraw from the Sinai Peninsula, in exchange for peace with its neighbor. For over two decades, the Sinai Peninsula was home to about 7,000 Israelis.

Based on that paragraph can we conclude that the sentence below is true?
The Israel-Egypt Peace Agreement was signed in 1979.

Pick your answer from: I. yes; II. no;
I.