Egypt News

"Instead of living in an island of peace with only Jordan and Egypt, Israel can live in a sea of peace with the Arab world."

Broached in 2002, the Arab League proposal offered Israel normal ties with all Arab states if it quit the West Bank, Gaza Strip, East Jerusalem and Golan Heights -- lands captured in a 1967 Middle East war. Egypt and Jordan are currently alone in the 22-member League in having full peace accords with Israel.

The proposal also calls for the sides to agree to a "just solution" for millions of Palestinians classed as refugees from homes and land taken by the Jewish state in its 1948 founding.

Successive Israeli governments have either ignored or rejected the Arab plan, which would require Israel to dismantle settlements which house hundreds of thousands of Jews. Israel is also mindful of the demographic impact of any refugee influx.

Obama , who won the 2008 US presidential election on Nov. 4 and takes office in January, has pledged to seek a breakthrough in negotiations on founding a peaceful Palestinian state alongside Israel.

During an election-trail meeting with Abbas in the West Bank in July, Obama voiced support for the Arab peace proposal, a senior Palestinian official said. 

EGYPT NEWS

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