Heavy Price to Pay If Annapolis Fails

Zionist regime's party, Meretz's chairman Yossi Beilin has called to postpone the US-sponsored Annapolis peace parley until significant progress has been made with the Palestinians on a joint declaration of principles.

Beilin said that if Annapolis "fails, there will be a heavy price to pay."

Meanwhile, a senior Palestinian Authority official said Sunday that work on the joint statement was not progressing.