The countries that attended the conference were: Austria-Hungary, Belgium, Denmark, France, the German Empire, Italy, Netherlands, the Ottoman Empire, Portugal, the Russian Empire, Spain, Sweden-Norway, the United Kingdom, and the United States of America who had a special right to accept or decline the terms of the deal and the participation in the deal.
The effects of the conference were mostly in regards to the African Continent. They wanted to find a way to spread their empires and gain strength while not fighting each other, so they decided to cut Africa up into smaller pieces and divide it among themselves. The result was that 90% of African territory was taken by various European powers.
Conflicts over ethnic and racial divisions declined because people could live further apart
Deregulation is the reduction or elimination of government power in a particular industry, usually enacted to create more competition within the industry.
The way I'm putting might be wrong but, i think its because the Arab and Israelis have different opinions and ideas, ideas from the Israelis may seem pathetic to the Arabs and vice-versa. You see the countries are afraid of change, and don't want to leave behind what they already have thinking taking out the different may lead them to victory.