Netanyahu: Economy, not land, as basis for peace

Wednesday, July 25, 2007 |  by Staff Writer

Israeli opposition leader Benjamin Netanyahu met with the visiting foreign ministers of Egypt and Jordan in Jerusalem on Wednesday, and informed them that if he becomes prime minister in the near future, the Saudi-authored Arab League peace initiative will no longer have Israel's approval.

Netanyahu was quoted by Ynet as saying that, under his leadership, economic ties and prosperity “will be a leverage for peace,” rather than the failed practice of surrendering land for what have proven to be worthless Arab commitments to end incitement and violence against the Jewish state.

“The withdrawal from Gaza two years ago proved that any Israeli withdrawal, particularly a unilateral one, does not advance peace but establishes a terror base for radical Islam,” said the Likud Party leader.

The Arab League peace plan calls for Israel to withdraw from every inch of land captured in the 1967 Six Day War, including the eastern half of Jerusalem and the Golan Heights, in exchange for a commitment from all Israel's Arab neighbors to eventually normalize ties.

On Tuesday, Netanyahu launched what appeared to be a national electoral campaign, apparently confident of the immiment downfall of the Prime Minister Ehud Olmert's government.

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