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Israeli and Palestinian leaders have ended their first direct Mideast peace talks in almost two years.
During the dialogue in Washington DC, they agreed to make efforts to resolve all outstanding issues within a year, and are set to meet again for the next round of talks.
US Secretary of State Hillary Clinton hosted the one and a half hour meeting.
Israeli Prime Minister Benjamin Natanyahu and Palestinian President Mahmoud Abbas expressed confidence this effort could succeed where many others failed.
George Mitchell, US Special Mideast Envoy, said, "There has to be a sincerity and a seriousness of purpose combined with a realistic appraisal and understanding of the difficulties, but a determination to overcome them. I believe that exists."
The two sides agree to make efforts to meet the one-year deadline set by the United States to resolve all final issues.
They also expressed their demands.
The Palestinians are asking Israel not to resume illegal settlement building on the occupied West Bank.
Nabil Shaath, Senior Fatah Official, said, "We cannot waste what could possibly be an opportunity. If this is an opportunity we will make use of it. If the cost is just time, we will take the cost of time, but if the cost is using it as a pretext to build more settlements it will be very difficult to do."
Israel is demanding its security.
Michael Oren, Israeli Ambassador to the US, said, "We have to ensure if we withdraw from the territory, that territory will not become like Gaza and Lebanon, will not become an enclave of terrorists backed by Iran who are going to shoot at our people."
Despite the shooting of Jewish settlers by Hamas in the West Bank this week, Netanyahu and Abbas agree to meet again in Egypt on September 14th and 15th with Clinton also present.
The two sides also agree to meet every two weeks thereafter.
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