No,it's not futile;the talks nowadays has political dimensions and has indeed an institutional character so it is essencial to keep that institution and through this kind of institution Israel gave back to Egypt the peninsula of Sinai.On the other hand the existence of armed resistance through Hamas is important as well.
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Gaza education ministry shuts 2 Shejaiyeh schools citing fear of Israeli artillery fire (Haaretz)
from the article: Hamas: Peace talks with Israel are dividing the Palestinian people