The decision of King Abdullah of Saudi Arabia to hold the Arab League summit in Riyadh later this month to discuss proposing the 2002 Arab peace initiative anew, offers a fresh opportunity to revive the peace process between Israel and its neighbors, and to bolster the moderate axis in the Middle East against the emerging Iranian nuclear threat.
Abdullah’s original initiative proposed a simple formula: A complete Israeli withdrawal from the territories, including Jerusalem, in return for normalizing relations between Israel and the Arab world.
At the Beirut summit, which approved the plan as "the Arab peace initiative," significant changes were made. It was established that the Israeli pullout should be to the lines of June 4 , 1967, and a "refugees article" was added, calling for "a just and agreed-upon solution" to the problem according to United Nations General Assembly Resolution 194, which the Palestinians interpret as recognition of the right of return.
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