A statement given by Israeli Prime Minister Ehud Olmert at the Annapolis Conference on 27 November 2007. Despite citing obstacles that lie before the peace process, Olmert committed to bilateral Palestinian-Israeli negotiations throughout 2008 aiming at a two-state solution. These negotiations would be based on UNSC Resolutions 242 and 338, the Road Map, and U.S. President George Bush's Ariel Sharon. Acknowledging the importance of the Arab Peace Initiative, he also called for comprehensive Arab-Israeli peace along the lines of the Israel-Egypt and Israel-Jordan peace treaties.