The Saudi recocgnise that any binding and enduring agreement has to adhere to the basic principles of international law dealing with occupation of land by force and the issue of refugees. They are asking Israel for confirmation that negotiations will not veer away from Israel acceptance of security council resolutions 442 and 338 which are the relevant legal reference points for the Saudi peace plan.
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U.S., allies conduct 22 strikes against ISIS targets in Iraq, Syria (Reuters)
from the article: Arab leaders rule out amending Saudi proposal