If Palestine is admitted as member of the ICC, she will be able to report any Israeli official involved in settlement construction and ask the Court for an indictment for a war crime. (The Israeli Attorney General has already told the Cabinet it might be vulnerable to this charge.) This will bring to an end the settlement enterprise and open the door for serious peace negotiations with Israel because Israel will no longer have anything to gain from a delay.
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Libya: Unity government proposed for new peace effort (AP)
from the article: Erekat to Jordan FM: Peace talks won't resume without settlement freeze