Prince Saud Al-Faisal, the Foreign Minister, has underlined the importance of reaching a just and durable solution for the Palestinian problem. Addressing the joint meeting for the GCC Foreign Ministers and their Counterparts in the member countries of the European Union (EU) here today, Prince Saud said the Middle East region is still suffering from the adverse impact of the Arab-Israeli dispute. Prince Saud held Israeli responsible for the failure of the efforts exerted to settle the dispute, and said it is still going ahead on the policy of establishing Jewish settlements in the occupied territories. He reiterated the support of the Kingdom of Saudi Arabia to the Palestinians. Prince Saud pointed out that the Arab peace initiative constitutes an integrated proposal for the settlement of the Arab-Israeli dispute, and said the Arab peace initiative aims at a just and comprehensive peace in line with the principles of Madrid Conference and the resolutions of the international legitimacy. He pointed out that the Arabs at their Summit, recently held in Algeria, had confirmed their adherence to the aforesaid initiative and their keenness on the revival of the peace process. Prince Saud urged the EU countries to play a positive role as regards giving an impetus to the peace process in line with the Road Map and the concept of two independent states.