What does API stand for?

For their part, Arabs have categorically refused to establish diplomatic ties with Israel unless it withdraws to pre-1967 borders, in line with the Arab Peace Initiative of Beirut in 2002.

Meanwhile, Foreign Minister Fawzi Salloukh also said on Thursday that he is committed to the 2002 Arab Peace Initiative and to the Palestinian right of return.

We will implement this peace initiative when Israel implements and fulfills its obligations," he said, referring to the Arab Peace Initiative, which was presented by Saudi Arabia in 2002.

Saudi Arabia first proposed the Arab peace initiative in 2002, which calls for Israel's complete withdrawal pre-1967 lines, including in east Jerusalem and on the Golan Heights, and a return of Palestinian refugees.

Dead Sea, Jordan: The Arab Peace Initiative cannot continue beyond the end of 2009 if there is no active response from Israel, said Amr Mousa, Secretary General of the Arab League, talking to Gulf News during the World Economic Forum on the Middle East.

He emphasized the Arab Peace Initiative as the best way to move forward: "Negotiated settlement, that will finally end the Palestinian-Israeli conflict on the basis of the two-state solution, which meets the legitimate right of the Palestinians to freedom and statehood and offers Israel the security guarantees and normal relations it needs," he told over 1,400 regional and world leaders gathered at the Dead Sea for the three-day meeting.

Abdullah pressed Netanyahu in their meeting Thursday to "immediately declare his commitment to a two-state solution, acceptance of the Arab peace initiative and to take necessary steps to move forward toward a solution," according to a royal palace statement.

Jordanian Foreign Minister Naser Joudah told reporters in Cairo Thursday that Arab nations were still behind the Arab peace initiative of 2002, which offers normalization of relations with Israel if they return to the pre-1967 borders.