Prince Saud Al-Faisal, the Minister of Foreign Affairs has reaffirmed the total commitment of the Kingdom of Saudi Arabia to achieving a just, lasting and comprehensive peace in the Middle East. Prince Saud said this in an address at Annapolis conference during its inaugural session yesterday, which was convened under the patronage of U.S. President George W. Bush. Following is the full text of Prince Saud's address: "Mr. President, Your Excellencies, Ladies and Gentlemen: We are all here at the kind invitation of President Bush to reaffirm our total commitment to achieving a just, lasting and comprehensive peace in the Middle East. A great deal is riding on the success or failure of this undertaking. The Arab-Israeli conflict has caused too much pain and suffering and too many lives have been lost. Stagnation in the peace process has increased the appeal for extremist ideologies. Feelings of despair and frustration have reached a dangerously high level. It is time to bring this conflict to an end, and to enable the people of the region to divert their energies from war and destruction to peace and development. --MORE