Paris, March 31 (RHC)-- France has announced plans to put forward a United Nations Security Council measure aimed at encouraging peace talks between Israel and the Palestinian Authority.

French Foreign Minister Laurent Fabius said the measure would include "parameters" for negotiations, presumably based on an Israeli withdrawal from the Occupied Territories. Speaking with reporters in Paris, the top French diplomat said that "France will be part and parcel of proposing a resolution in the UN."

In related news, the Barack Obama administration has signaled it might not block a UN resolution in response to Israeli Prime Minister Benjamin Netanyahu’s pre-election rejection of Palestinian statehood and his anti-Arab fear-mongering.

In an apparent bid to reduce tensions with the United States, Netanyahu has announced he will release three months of tax revenue to the Palestinian Authority. Israel began withholding the funds in response to the Palestinian effort to join the International Criminal Court. Palestinian officials had recently warned the denial of their tax revenue threatened economic collapse.