BRUSSELS, Dec. 16 (Xinhua) -- The European Union (EU) on Monday adopted a conclusion saying that the bloc was willing to provide an unprecedented package of political, economic and security support to Israel and Palestine to help both countries reach a final status agreement.
A conclusion adopted by EU foreign ministers said the EU fully supported the efforts of the two sides and of the United States towards a just and lasting settlement for the Israeli-Palestinian conflict.
According to the conclusion, in the event of a final peace agreement, the EU will offer Israel and the future state of Palestine a special privileged partnership including increased access to the European markets, closer cultural and scientific links, facilitation of trade and investments as well as promotion of business-to-business relations.
Enhanced political dialogue and security cooperation will also be offered to both states.
"Current talks represent a unique opportunity which must be seized for both parties to implement a two-state solution," said the conclusion. "A one state reality would not be compatible with the legitimate sovereign and democratic aspirations of both parties."
The EU also warned against actions that undermined the negotiations. In this regard, it deplored Israel's continuous expansion of settlements, which are illegal under international law and constitute an obstacle to peace, it said.
The EU foreign ministers also expressed grave concern regarding incitement, incidents of violence in the occupied territory, house demolitions and the deteriorating humanitarian situation in Gaza.
The EU said it would continue to closely monitor the situation and its broader implications, and act accordingly.