Declares that it is its strategic objective to obtain historic compromise leading to formal regional arrangements that would bring about an end to all claims and conflicts, achieve peace, security, economic growth in the Middle East, and fully normalized relations between Israel and all Arab and Islamic countries. Recognizes the suffering of the Palestinian refugees from 1948 and the suffering of the Jewish refugees from Arab countries, and recognizes the need to solve the problem of the Palestinian refugees by mutual agreement and realistic solutions. Believes that cooperation between all sides is vital to ensure that the Middle East enjoys economic prosperity, high environmental quality and a future of prosperity and welfare for all peoples.