During US President Donald Trump's announcement of the peace plan, Israeli Prime Minister Benjamin Netanyahu said, "Mr. President, because of this historic recognition and because I believe your peace plan strikes the right balance where other plans have failed, I have agreed to negotiate peace with the Palestinians on the basis of your peace plan."

He went on with more praise for Trump, saying "It's a great plan for Israel, it's a great plan for peace. Frankly, Mr. President, given all that you have already done for Israel, I'm not surprised. You have been the greatest friend that Israel has ever had in the White House."

Netanyahu thanked Trump for, saying "recognizing Israel’s sovereignty over areas in Judea and Samaria that are vital to our security and out heritage … all Israeli communities in Judea and Samaria, large and small alike."

These are "places recognized by the US as a permanent part of the Jewish state."

He also said Trump had recognized that Israel must have sovereignty in the Jordan Valley.

He said he agreed to negotiate peace with the Palestinians on the basis of Trump’s plan. He said if Palestinians genuinely take the path and make peace with the Jewish state, then Israel will be there.

Also read: Trump presents 'Deal of the Century'