Palestinian President Mahmoud Abbas has given Israel one year to end its occupation of Palestinian territory including East Jerusalem.

Speaking at the General Assembly, Palestinian President expressed readiness to work throughout this year on the delineation of borders and solving all final-status issues under the auspices of international Quartet and in accordance with UN resolutions.

Abbas threatened to withdraw recognition of the State of Israel.

He urged international community's support for this initiative to save the region from an unknown fate.