In the wake of U.S. President Barack Obama's June 4th speech to the Muslim world and the Israeli prime minister's recent acceptance of a conditional Palestinian state, hopes have risen for a resumption of talks aimed at resolving the long-running Israeli-Palestinian conflict.

The current framework for an independent Palestinian state was first outlined in the 1993 Oslo Accords between Palestinians and Israelis. That agreement described the so-called "two-state solution" - Israel and an independent Palestine living peacefully side-by-side - as the best way to settle the protracted conflict.

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