Prime Minister Binyamin Netanyahu will convene his inner cabinet to discuss the Quartet of Middle East mediators' initiative to renew peace talks with the Palestinians, Israel Radio reported on Saturday.
Israel reacted favorably to the Quartet proposal initially and said that it was willing to sit down with the Palestinians according to the parameters set out by the group.
The Quartet on Friday called on Israelis and Palestinians to return to the negotiating table based on a new time-line, by which a final status agreement to end the conflict would be reached by December 2012.
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