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Source: http://www.jpost.com/servlet/Satellite?cid=1239710876788&pagename=JPost/JPArticle/ShowFull
Report: Arabs Formulating New Peace Plan
[Jerusalem Post] A group of Arab leaders led by Jordan's King Abdullah II is formulating a new peace offer at the behest of U.S. President Obama, the London-based Al-Quds Al-Arabi reported Wednesday. The offer will reportedly call for the establishment of a demilitarized Palestinian state with Jerusalem as its capital and the Old City designated an "international zone." The question of borders will be resolved with land swaps. Some of the descendants of Palestinian refugees from Israel's War of Independence in 1948 will reportedly be allowed to return to the Palestinian state, while others will be naturalized in their countries of residence in the Arab world. The report said Obama had requested that the plan outline a "timetable for normalization and the establishment of diplomatic ties between Israel and the Arab world."