Israeli and Palestinian officials are meeting in Washington for a new round of talks.
The two sides are attempting to create a path for future peace negotiations.
There are low expectations, but both sides seem at least hopeful a deal can be reached.
The last attempt at talks in 2010 failed after just one day.
This time negotiators agreed to work together for at least the next nine months.
"This is something that we all need in the region," said Israel's chief negotiator, Tzipi Livni. "It's in the Israeli interest; it's in the Palestinian interest. It's the interest of the international community, so let's do it."
There are signs both sides are ready to compromise.
Israel has reportedly agreed to at least slow down the construction of new settlements in Palestinian occupied territories, a major sticking point in past negotiations.