The peace initiative also comes at a time of possible realignments in West Asia. Countries like Saudi Arabia and Syria who do not have diplomatic ties with Israel sent representatives to Annapolis. Israel, terrified of Iran’s hegemonic aspirations, is keen to establish cordial relations with the Arabs. An independent Palestine state could win Israel acceptance by the Arabs. It is keen to exploit this diplomatic opening. Now, this awareness in the West Bank and in Israel that this could be a last chance, must be matched with concrete concessions. Those are still not visible. Bush must extract them.