Palestinian President Mahmoud Abbas said the Palestinians are ready for peace with Israel according to international legitimacy resolutions approved by the international community to establish an independent Palestinian state within borders of 1967 with Al-Quds as its capital. "All Arab and Muslim countries are ready to establish diplomatic ties with Israel according to an Arab peace initiative if Israel agrees to withdraw from Palestinian and Arab territories," Abbas said. "We seek peace abut it is important that we have a partner who believes in peace," Abbas added.