A proposal from the United Nations, the EU, the US and Russia suggests that the two parties should aim to reach a deal by the end of 2012.
The statement comes following Friday’s formal application for United Nations recognition of a Palestinian state by President Mahmoud Abbas.
“Within three months we would want to see significant progress on borders and security,” said EU foreign policy chief Catherine Ashton.
“Anyone listening to the speeches made today and indeed the comments made many times by President Abbas and Prime Minister Netanyahu will be fully aware of the significance of these two issues,” she added, referring to Abbas’ speech to the UN in New York.
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