Jerusalem, June 29 (TIWN) Israeli Prime Minister Benjamin Netanyahu said that he is willing to negotiate with the Palestinians on the basis of US President Donald Trump's Middle East "peace plan".

The remark was made on Sunday (28 June) night in a pre-recorded address to a conference organised by "Christians United for Israel", a US-based pro-Israeli evangelical group, reports Xinhua news agency.

Speaking two days before his set date for annexing part of the Israeli-administered West Bank, Netanyahu urged the Palestinians to "embrace" Trump's plan.

"I encourage the Palestinians not to lose another opportunity," he said.

"They should be prepared to negotiate a historic compromise that could bring peace to Israelis and Palestinians alike.

"Israel is prepared for such negotiations, and I am prepared for such negotiations," he added.