Israeli Vice-Premier Shimon Peres said on Sunday that Saturday's meeting between Israeli and Palestinian leaders could provide opportunity to revive Israel's " convergence" plan, which calls for further withdrawals in the West Bank.

On Saturday evening, Israeli Prime Minister Ehud Olmert held a two-hour meeting with the Palestinian National Authority Chairman Mahmoud Abbas in his residents in Jerusalem.

Olmert and Abbas reached a series of concessions during the meeting, which marked the first substantial talks between Israeli and Palestinian leaders in 22 months.

Regarding the meeting, Peres was quoted by Israel Radio as saying on Sunday that it is an opportunity to revive the " convergence" plan, which seemed to be shelved after the month-long Israel-Hezbollah conflict in summer.

Olmert vowed before the March 28 election to set Israel's final borders by 2010 and the new government would be based on his so- called "convergence" plan, under which Israel would withdraw isolated settlements in the West Bank but keep bigger ones.

Source: Xinhua