Asking the international community to hold Israel responsible for the West Asia crisis, Egyptian President Hosni Mubarak has blamed the Jewish state's "stubbornness" for the deadlock in peace negotiations with the Palestinians.
While addressing a joint session of the Egyptian parliament's two chambers, Mubarak said, the security of the people of Israel hinged on peace rather than "occupation or arms."
"We realise the current deadlock of the Palestinian issue and the peace process. We warn of the ramifications of Israel's stubbornness, positions and policies on the stability of the Middle East and the world. I am clear when I say that the international efforts do not live up to the seriousness or the dangers," the Egyptian President said.
He called on the international community to hold Israel responsible for the halt of peace talks.
He vowed to continue with commitment for a just peace that would achieve security for all, put an end to Palestinian people's suffering and lead to the establishment of the independent Palestinian state with Jerusalem as capital.
Mubarak also tackled the building of the first nuclear station for power generation within the coming few weeks, as his "reform agenda", and Egypt's policy towards Nile water while rejecting the opposition plans to form a parallel parliament.
Praising the reform policies that gave a new drive to the economy, Mubarak said, "Our economy stood in the face of the financial crisis without seeking help from anyone".
He vowed the priority will remain for the underprivileged and unemployed.
The Nile water and Egypt's share of it has never been a topic to be mentioned in presidential speeches which were dominated by West Asian issues most of the time but after this year's row between Egypt and Sudan on one hand and the remaining Nile Basin countries on the other about a new agreement to share the Nile Water, the topic took centre stage in today's speech by the Egyptian president.
The president called Egypt's share of Nile water "a matter of national security" and a "pivotal aspect of Egypt's strategy for the future".
Mubarak stressed that dialogue and coordination among Nile Basin countries is a must, yet Egypt will continue to search for alternative sources of water and change irrigation policies to minimise the Nile water lost in agriculture and cultivation.