Netanyahu does not lay down enough conditions for that theoretical moment. All he requires is a formalistic guarantee and recognition, which the years of Israeli-Palestinian diplomacy should have established as inadequate. In addition, the Israeli government should also require, at the least:
A complete overhaul of messages coming from textbooks, classrooms, media, sermons, political rhetoric, and the other areas of public Palestinian discourse, eliminating the anti-Semitism, the anti-Zionism, and the incitement while condemning terrorism and other acts of "resistance" (muqawama).
A protracted era in which Palestinians do not engage in violence against Israelis.
Normal relations in such areas as trade, tourism, sports, and scholarly exchanges.
A good-neighborly foreign policy.
To make matters worse, Netanyahu accepted the discredited 1990s premise of a "new Middle East" when he stated that "a strong Palestinian economy will strengthen peace." Have not the last fifteen years established that Palestinian wealth fuels the war machine?