Israel and the Palestine Liberation Organization recognise each other and sign the Declaration of Principles in Washington, creating the Palestinian Authority.
The North American Free Trade Agreement between the United States, Canada and Mexico takes effect, creating one of the world's largest trade blocs.
President Bill Clinton announces the lifting of the US trade embargo on Vietnam.
A US-led coalition launches Operation Desert Storm, expelling Iraqi forces from Kuwait.
President Bill Clinton announces the normalisation of diplomatic relations with Vietnam.
A peace agreement negotiated in Dayton, United States, is formally signed in Paris, ending the Bosnian War.
Space Shuttle Discovery carries the Hubble Space Telescope into orbit, where it transforms our understanding of the universe.