Receiving the Presidential Medal of Freedom from President Obama, Israeli President Shimon Peres called for a renewal of peace talks with the Palestinians.

“Israel and the Palestinians are ripe today to restart” peace talks, Peres said at the White House ceremony on Wednesday. “A firm basis already exists. A solution of two national states: A Jewish state – Israel. An Arab state – Palestine. The Palestinians are our closest neighbors. I believe they may become our closest friends.”

Peace talks have been stalled since 2010, with the Palestinians demanding a freeze of settlement building in the West Bank, and Israeli Prime Minister Benjamin Netanyahu insisting on no preconditions.

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Peres, addressing about 140 dignitaries in the White House East Room, also thanked Obama for pressuring Iran to end its suspected nuclear weapons program..

“Mr. President, you worked hard to build a world coalition to meet this immediate threat.,” Peres said. “You started, rightly, with economic sanctions. You made it clear, rightly again, that all options are on the table.”

Obama also emphasized peacemaking in his remarks.

“Shimon knows that a nation’s security depends, not just on the strength of its arms, but upon the righteousness of its deeds — its moral compass,” he said. “He knows, as Scripture teaches, that we must not only seek peace, we must pursue it. And so it has been the cause of his life — peace, security and dignity, for Israelis and Palestinians and all Israel’s Arab neighbors.”

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