Israel and the Palestinians can wrap up a final peace deal within two years, but the international climate for such talks might not remain favorable for long, Israel's deputy defense minister said Thursday. As part of the favorable climate, EU foreign policy chief Javier Solana joined growing calls to jump-start the tattered peace process by looking at aspects of a lasting deal.
And in a goodwill gesture, Israel said it would free $100 million in frozen Palestinian tax revenues on Friday to boost President Mahmoud Abbas - the first Israeli payment since the militant Hamas won legislative elections and took office last year.
Israeli Deputy Minister, Ephraim Sneh has formulated a new peace plan together with Defense Minister Amir Peretz of the moderate Labor Party, a junior partner in Israel's centrist coalition. He is one of several leading Israeli officials, including Foreign Minister Tzipi Livni, to recently articulate new ideas for re-energizing peace efforts.
Sneh told an academic conference Thursday that a peace deal is still possible, even though previous rounds collapsed over explosive issues such as the fate of disputed Jerusalem and Jewish settlements.
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