The United States, Israel and the Palestinian Authority are conducting nighttime talks to find a way to overcome the expiration of Israel's ten-month freeze on settlement construction in the West Bank.
The talks on how to solve the crisis are expected to continue over the next few days.
Prime Minister Benjamin Netanyahu spoke twice with U.S. Secretary of State Hillary Clinton on Sunday, and also held conversations with Egyptian President Hosni Mubarak and Jordanian King Abdullah II as the freeze wound down to its expiration at midnight.
"Israel is ready to pursue continuous contacts in the coming days to find a way to continue the peace talks," Netanyahu said in a statement after the freeze expired.
"I call on President Abbas to continue the good and honest talks that we have only just started, in order to reach a historic peace agreement between our two peoples."
Netanyahu said that his intentions to reach a peace agreement are "serious and honest."
"I say to President Abbas: For the sake of our two peoples, let's focus on what really matters. Let's continue expedited and serious peace talks to reach a historic framework peace agreement within a year."
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