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(By Mohammad Ben Hussein) (ANSAmed) - AMMAN, JUNE 18 - King Abdullah of Jordan warned today against the grave consequences of missing peace opportunity this year between the Palestinians and Israel, urging the international community to exert maximum effort in brokering a permanent solution to the conflict. "It would be a serious mistake to miss the opportunities we have this year: to establish, finally, a sovereign, independent, and viable Palestinian state ... along with a secure and recognized Israel ... in a region that is unified, at peace, and ready to move forward. This work, the work of peace and progress, should have all our support," said the king at the opening speech of the fourth Nobel Laureates conference in Petra. The two day event saw a rare meeting between king Abdullah, Israeli President Shimon Peres and President of Senegal and Chairman of the Organization of the Islamic Conference Abdoulaye Wade. Wade recently hosted a meeting between officials from the Palestinian National Authority and its rival Hamas in a bid to bridge the gap between the two sides. Officials were tight lipped about the meeting, held on the side lines of the conference, but sources say talks focused on means to end the current stagnation in peace talks between the Palestinians and Israel. Israel and Hamas are said to be in the midst of truce talks in order to end the year long siege on the coastal enclave and involve the Islamist movement in peace making. Talks between the Palestinians and Israel have reached a deadlock in light of recent Israel settlement expansion policy in Arab east Jerusalem, which the Palestinians consider part of their future state. Secretary general of the Arab league Amr Musa told ANSA today that peace talks are in "grave danger" after Israel decided to build settlement units in east Jerusalem. "What Israel built will undoubtedly render peace talks failure and the settlements do not represent a right to Israel and Arabs are not commit ed to these measures," he said. Meanwhile, the Jordanian monarch said residents of this region would like to see peace progress in order to reach a "moderate, modern Middle East." (ANSAmed).