Israel and Saudi Arabia are close to a historic peace, the Israeli Prime Minister said today at the UN Benjamin Netanyahu, adding that the Palestinians have no "veto power" on Israeli-Arab relations.

Recalling the normalization of relations with the three Arab states in 2020 and calling it "the beginning of a new era", Netanyahu said: "We are close to another more spectacular step forward, the historic peace between Israel and Saudi Arabia."

Saudi Crown Prince Mohammed bin Salman recently stated in an interview with the American "Fow News" that the Sunni monarchy and the Hebrew state are "every day closer" to the normalization of relations.

"Such a peace would go a long way toward ending the Arab-Israeli conflict, encourage other Arab countries to normalize relations with Israel, and increase the possibility of peace with the Palestinians." However, I believe that we should not give the Palestinians the right to veto new peace agreements with the Arab states. The Palestinians could benefit greatly from a broader peace. They must also participate in this process," Netanyahu said.