"Both parties remain committed to fulfilling their obligations to stay at the table and negotiate hard during the nine-month period that we set for that," John Kerry told reporters in Tel Aviv yesterday after separate talks with Palestinian and Israeli leaders.
Kerry met Palestinian President Mahmoud Abbas in Ramallah on Thursday night for three hours. He also met Netanyahu in Jerusalem yesterday.
Kerry was hopeful that the two camps will accept framework accord that will touch on all the main issues such as security, future of Jerusalem, fate of refugees, and serve as a broad outline for the final deal.
"We are working on an approach that both guarantees Israel's security and fully respects Palestinian sovereignty," the US Secretary of State said, without giving further details.
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Israel committed to release 104 Palestinian prisoners as peace talks progress, in four groups over the nine-month period. It has already released 52 in two tranches.
Kerry wanted the next batch of prisoner release to take place at the same time as the presentation of the "framework agreement", which he plans to formulate with both sides in the coming weeks.
The US top diplomat has so far made nine visits to the region since taking office in February in a relentless campaign to bridge gaps between the two sides.