Originally Posted by Voland

I guess the Arab peace initiative of 2002 ( which also the Obama administration have made a cornerstone of their Near East policy) points in the right direction.
Israel honoring its commitments from several international treaties that it signed in Oslo and afterwards ( for example removal of the settlements) and the arab states in return taking steps towards normalisation of relations. As there would be peace treaties, official recognition of Israel, security guarantees and exchange of ambassadors.
If Netanyahu would be genuinely interested in peace he could formulate an israeli answer to the offer that is on the table, and enter into negotiations without preconditions.
As to demands from the palestinian side these would have to include recognition of Israel in the borders prior to 1967, crackdown on terror infrastructure and fight against the unbelievable corruption inside the PA ( for example).