Updated

A group of Israeli and Palestinian politicians have banded together to urge the Arab League to renew a comprehensive peace offer to Israel.

The group says it hopes to pressure negotiators in U.S.-backed peace talks to support the 2002 Arab Peace Initiative. The plan offers Israel peace with the Arab and Muslim world in exchange for a withdrawal from all territories captured in the 1967 Mideast war.

In a letter released Monday, the group said the initiative "provides the fundamental foundation for a just, comprehensive and lasting peace." The Arab League is holding a summit in Kuwait this week.

Known as the Prague Forum, the group consists of Israelis, Palestinians and other Arab parliamentarians. It was unveiled after over 40 politicians and leaders began secret meetings in Prague in February.