The Labor Party headed by me aspires to give Israel not only physical borders which will bring an end to the conflict between us and the Palestinians but also moral borders.

Israel will remain united against acts of terror, and both of us agreed that terror is the central element that endangers the future of the region. I asked (Abbas) to do everything in his power to reduce and stop acts of terror.

Tonight a real social-democratic movement was created in Israel. We are going to establish a new society.

It is a clear and moral position that we cannot recognize a party that calls for Israel's destruction.

We have no intention of allowing negotiations to take place, or allowing a third party to force us to recognize an organization that openly seeks to destroy Israel.

I think this split will serve our interests well. Bibi (Netanyahu) and Sharon will bash each other, and we will bring the message that the public needs.