The Palestinian Authority President Mahmoud Abbas has said he had accepted the establishment of a Palestinian state on less than a quarter of historic Palestine in order to bring peace and an end to years of conflict.
"The Palestinian Authority has been going round in empty circles through its negotiations with the Israeli side since the Madrid Conference and the Oslo agreement, in spite of the Palestinians sacrifices," Abbas said.
In a speech delivered Thursday before the European Parliament in Brussels Abbas said: "Israel wants to buy time to establish facts on the ground and make the two-state solution idea unachievable, while it continues to build settlements and confiscate our land and construct the segregation wall."
The Palestinian Authority president has renewed his support for the two-state solution and the establishment of a Palestinian state on the 1967 borders with its capital in East Jerusalem.
Abbas also said that he "does not oppose some land swap on the condition of solving the refugees' crisis according to the UN Resolution 194 and the Arab Peace Initiative".