P F Tinmore,
et al,
The Security Council demanded the Armistice, not Israel.
Indeed, the war with Palestine has never ended. Of course that means that Israel has won nothing yet.
(COMMENT)
That depends on your perspective. The last Arab sneak attack during Yom Kipper ('73), resulted in substantial holdings on the part of Israel.
Generally, the side with the greatest holdings at the end of hostilities, has the advantage.
The aggressor, in the case of the last war being the Arab Palestinians, is the side that has to satisfy the reparations, restitution and compensation.
It is to the Arab Palestinians advantage to maintain the Armistice. If it comes to litigation, the aggressor is usually found at fault. Then there are all the terrorist attacks and wrongful death suits to be considered; probably starting with the Munich Olympic Team Massacre.
I'm not sure that the Arab Palestinian wants to take all its claims to court. They would probably come out on the losing end. But in direct negotiations, various settlements can be achieved without formal legal finding out on the record.
Most Respectfully,
R