ADDIS ABABA, 3rd July, 2017 (WAM) -- Palestinian President Mahmoud Abbas said on Monday that he is ready for a historical peace deal with Israel based on a two-state solution, the WAFA News Agency has reported.

"We are waiting for Israel to respond to the initiative of the US President Donald Trump for a historical peace deal based on a two-state solution," said Abbas addressing the 29th African Union Summit in Addis Ababa.

President Abbas said that Trump’s early interest in the Palestinian-Israeli conflict gave hope for peace, stressing that a just solution to the Palestinian cause will be the key to peace, security, and prosperity in the region and the world and will pull the rug from under the feet of terrorist groups that use the Palestinian issue to justify their actions..

The Palestinian President expressed hope that the African Union and its member states will support diplomatic and peaceful Palestinian efforts through international bodies to help implement the two-state solution.

According to WAFA, Abbas reiterated his readiness to strengthen relations and cooperation in economics and trade with the African Union, and exchange expertise in agriculture, health and clean energy, in addition to cooperation in the field of security, and combating terrorism through the Palestinian Agency for International Cooperation.

He thanked the African Union and its members for their support of the rights of the Palestinian people and their just cause in international bodies and forums.