In a signal that the US wants to tread carefully at this delicate stage of reviving peace moves, Rice has decided not to attend Tuesday’s summit in the Egyptian Red Sea resort of Sharm el-Sheik. "The United States wants very much for this to be a process that is the parties' process, that is owned by the parties, by the regional states," Rice said. "When our involvement needs to take on a different character, then we will do precisely that."