As has been proved by the recent release of the Palestinian Papers, the PA has been falling over itself to compromise/surrender but Israel is just not interested. If Peres sincerely wants peace he should announce that Israel will dismantle the occupation and begin talks with all parties including Hamas.
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Mideast "quartet" will prepare report on peace prospects, resumption of talks (AP)
from the article: Peres: Israeli-Palestinian peace urgent in light of Egypt crisis