The idea is to give respectability to Netanyahu’s proposal of a provisional agreement, which, in fact, was Peres’s brain child almost a decade ago. The only difference that Peres brings to the Netanyahu plan is a willingness to eventually relinquish control of the Jordan River. This is intended to remove one of the important Palestinian objections to the Netanyahu plan, which also happens to be a reservation that Obama holds. But since withdrawal from the Jordan would be relegated to the final status agreement, the Palestinians would get as much comfort from it as they would from the promise that one day they will get more of their land back. The US, supported by Britain, has indicated at the Brussels meeting of the Quartet that it wishes to take a shot at the Netanyahu plan, and Abbas seems to be wavering in his original rejection of it, as apparent from his refusal to talk about it to journalists after his meeting with British foreign minister Hague two days ago. The whole purpose, of course, is to derail Palestinian efforts for recognition by Europe and admission to the UN, and with Abbas faltering, this aim may be achieved. The Palestinian people should be aware of this, and it is up to them to keep an eye on what their authority is doing. We outsiders can help a lot, but it is up to the Palestinians to do the heavy lifting.
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from the article: Peres seeks meeting with Obama to kick-start peace process