Jerusalem, May 21, 2001

1. Israel considers the Fact-Finding Committee Report to be a constructive and positive document.

2. The remarks of Senator Mitchell and Secretary of State Powell both emphasize the crucial factor in any progress - the unconditional cessation of violence and the condemnation of terrorism.

3. Israel accepts the outline recommended in the Mitchell Report - the cessation of violence, a period of calm accompanied by confidence building measures by both sides and the renewal of negotiations.

4. Israel accepts the approach presented in the Secretary of State's remarks as a way that can bring about the cessation of violence and thereby create the necessary conditions for the renewal of the peace process.

5. Israel calls upon the Palestinians to act immediately to put an end to the violence and to return to the negotiations in order to resolve the dispute by peaceful means, as both sides had committed themselves to do in the Oslo Accords.