The BBC's Paul Adams looks back over the last five years

To mark the occasion, some 40,000 Israelis attended a rally on Tel Aviv on Saturday night organised by the Peace Now movement.

The demonstrators demanded the resignation of the prime minister, Binyamin Netanyahu, whose policies, they said, risked leading the country towards war.

Rabin's widow, Lea, attended the rally

The demonstrators gathered in Rabin Square, the site where the late prime minister Yitzhak Rabin was shot and killed by a Jewish extremist on 4th Nov 1995.

The protest comes during a visit by US special envoy Dennis Ross who has been holding talks aimed at kickstarting the stalled Israeli-Palestinian peace talks.

Shyam Bhatia of The Observer newspaper: trust has gone

In comments made before the rally, Mr Netanyahu said the protestors overlooked the fact that the agreement signed by Mr Rabin had not brought true peace to the country. "From the day we signed the first Oslo agreement we didn't have a single day of peace," he said.

The BBC's Middle East correspondent, Paul Adams, says that five years on from the handshake between the late Isareli prime minister, Yitzhak Rabin, and Palestinian leader Yasser Arafat, optimism has all but evaporated.