A study has concluded that it is in Israel's interest to accept the 8 year old Arab peace initiative.
In a nutshell, the Arab Peace Plan was agreed by Arab states and accepted by Palestinian factions too. It hasn't yet been accepted by Israel - and even the excuse that some Palestinians may not accept it does not make sense when reading through the conclusions of this study.
The Arab Peace initiative does address the thorny issue of refugees and the right of return - it says that a just and agreed solution should be achieved. It therefore does not call for all Palestinian refugees to have a right of return, but recognises that this can be negotiated and a solution that is just to all should be found.
On borders, it calls for Israel to honour UN resolutions and give up land captured in 1967 (i.e. set the border of Israel to that before the 1967 war and keep 78% of the country of Palestine, when in 1947 the UN initially only allocated 55% to Israel). The country of Palestine existed before 1948 - and is defined in detail in documents, such as the Hope Simpson report of 1930.
What is interesting, is that the study takes into account the Israel objections and intransigence to this Arab peace initiative, and yet still calls for Israel to go for the initiative - as it is in the interest of Israel.
It is, the study concludes, Israel's best diplomatic option:
http://www.haaretz.com/print-edition/fe ... s-1.321185
Cheers,
Shafique