Israeli leaders are seriously considering a dormant Saudi plan offering a comprehensive peace between Israel and the Arab world in exchange for lands captured during the 1967 Middle East War, Defense Minister Ehud Barak said.
He said that he has discussed the plan with Prime Minister-designate Tzipi Livni and that Israel is considering a response. Livni's office declined to comment.
Saudi Arabia in 2002 offered pan-Arab recognition of Israel in exchange for Israel's withdrawal from Arab lands captured in 1967: the West Bank, the Gaza Strip, East Jerusalem and the Golan Heights. The 22-member Arab League endorsed the plan last year.
Israel has said the plan is a good basis for discussion, but expressed some reservations.