US President Donald Trump unveiled his controversial Middle East plan, widely known as “the deal of the century” on Tuesday.
Trump made his remarks in the White House alongside Israeli Prime Minister Benjamin Netanyahu.
"Today Israel takes a big step towards peace. Young people across the Middle East are ready for a more hopeful future, and governments throughout the region are realizing that terrorism and Islamic extremism are everyone's common enemy," the US President said.
The US President said that he is looking forward for a plan, which works for the Palestinians as well as the Israelis.
"It has to be. Today's agreement is a historic opportunity for the Palestinians to finally achieve an independent state of their very own. After 70 years of little progress, this could be the last opportunity they will ever have," the US President noted.
Trump also added that his plan will also form "a contiguous territory within the Palestinian state."
He asserted that no Palestinians or Israelis would be "uprooted from their homes."
The US President stressed that his plan would not expose Israel to any security risk, as he said it would "present no incremental security risk to the state of Israel whatsoever."
"We will not allow a return to the days of blood shed, bus bombings, nightclub attacks and relentless terror. It won't be allowed," he said.