The Saudi government views this accord as the prelude to the offer of a peace settlement with Israel, along the lines of the 2002 Arab Peace Initiative, a settlement to be guaranteed by Saudi Arabia and other Arab countries, based on the 1967 borders and full recognition of Israel. The offer was meant to be elaborated by Saudi King Abdullah at the Arab League meeting to be hosted by Saudi Arabia at the end of March. But no progress is possible as long as the Bush administration and the Ehud Olmert government persist in their current position of refusing to...