President Shimon Peres issued his call ahead of a gathering of Mideast leaders on the sidelines of a conference hosted by the Geneva-based World Economic Forum on the shores of the Dead Sea in Jordan.
Yesterday's conference included a rare face-to-face meeting between Israeli and Palestinian leaders, with the participation of US Secretary of State John Kerry, who has devoted much of the past two months to restarting long-stalled peace talks.
"We shouldn't lose the opportunity because it will be replaced by a great disappointment," Peres told reporters in Jordan. "For my experience, I believe it's possible to overcome it. It doesn't require too much time." Palestinian President Mahmoud Abbas agreed.
He blamed the growing mistrust on Israeli moves, essentially construction in West Bank settlements and detention of hundreds of Palestinians.
Abbas reiterated his rejection of partial solutions. "We will neither accept interim solutions, nor a state with temporary borders or a peace based on economic perks without progress on the political track," he said.
At one point in the closing session, Kerry joked with Abbas and Peres who exchanged hugs, kisses, handshakes and emotional speeches telling both from the podium that he had an "agreement you can come up and sign."
Palestinian-Israeli peace talks broke down nearly five years ago, in large part due to disagreements over Israeli settlement construction on occupied territories claimed by the Palestinians. The Palestinians say there is no point in negotiating while Israel continues to build Jewish settlements in the West Bank and east Jerusalem, which they say undermines their quest to set up an independent state. The Palestinians want both areas, captured by Israel in 1967, as parts of their state.
On his fourth visit to the Middle East since taking office in February, Kerry held talks with Abbas and Israeli Prime Minister Benjamin Netanyahu last week. He said during his latest regional swing that both sides must make hard decisions to move toward direct negotiations.
"It is time for peace," he said. "I believe this is an important opportunity to (engage), not to waste time, return to negotiations and complete the negotiations with the Palestinians."
He said a peace agreement must be "based on a two state solution: an Israeli state, a Palestinian state living as good neighbors cooperating economically and bringing a message to the young generation.
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