Palestinian Authority (PA) chairman Mahmoud Abbas responded on Wednesday to senior White House adviser Jared Kushner, who had earlier criticized the PA leadership for boycotting the US-led Bahrain conference last week.

"The Trump administration’s peace plan will fail just as the economic conference in Bahrain failed," said Abbas, according to Israeli media outlets, describing the Bahrain conference as "a big lie conceived by Kushner."

"We will not work with the American administration until it walks back its decisions. Since the Oslo Accords, Israel has been working to destroy agreements. If Israel is not committed to agreements, we will not be committed either," he declared.

Abbas further stated that the PA would not accept the United States as a lone mediator in negotiations with Israel.

"We want our money in full, and from now on we will ask the occupation about every penny they take from us," Abbas added.

Regarding the reconciliation with the Hamas movement, Abbas said, "We have agreed with the Egyptians on an agreement called the "2017 Agreement," and we have agreed to it, yet it has not been implemented, unfortunately."

Head of the Central Election Commission, Hanna Nasser, was sent three times to Gaza, calling for holding legislative elections, Abbas stated, adding that if elections were held, presidential elections would be held, suggesting that he would not run for office.