Israeli prime minister Benjamin Netanyahu (R) enters to a media conference together with Israel's new Defence Minister Avigdor Lieberman, head of far-right Yisrael Beitenu party, following Lieberman's swearing-in ceremony at the Knesset, the Israeli parliament, in Jerusalem May 30, 2016. REUTERS/Ronen Zvulun
JERUSALEM (Reuters) - Israeli Prime Minister Benjamin Netanyahu held out the prospect on Monday of reviving a 2002 Arab peace initiative that offers Israel diplomatic recognition from Arab countries in return for a statehood deal with the Palestinians.
Netanyahu's comments were a formal response to a speech last week by Egyptian President Abdel Fattah al-Sisi, who promised Israel warmer ties if it accepted efforts to resume peace talks.
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