Israel's President Shimon Peres
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Israeli president: 'Peace is possible'

Israel's President Shimon Peres has said peace with the Palestinians is possible through direct talks.

Speaking to the BBC's Middle East Correspondent, Rupert Wingfield-Hayes, he said that a two-state solution was the best option.

He was speaking after US President Barack Obama said he would veto a bid for full UN membership for the Palestinians.

The Palestinian President Mahmoud Abbas is expected to hand in a letter asking for full UN membership to Secretary General Ban Ki-moon in New York on Friday.

Go to next video: Palestinian views on UN membership