Jordan renounced its claim to the territory in 1988 and became one of two Arab states to sign a peace treaty with Israel in 1994 Jordan is a founding member of the Arab League and the Organisation of Islamic Cooperation The sovereign state is a constitutional monarchy but the king holds wide executive and legislative powers Calling c Jordan renounced its claim to the territory in 1988 and became one of two Arab states to sign a peace treaty with Israel in 1994 Jordan is a founding member of the Arab League and the Organisation of Islamic Cooperation The sovereign state is a constitutional monarchy but the king holds wide executive and legislative powers