Israeli Prime Minister Benjamin Netanyahu welcomed US proposal for the launch of indirect Israeli-Palestinian peace talks approved by PLO Executive Committee urging they be held unconditionally.<br/>Earlier, Palestine Liberation Organization (PLO) Executive Committee has approved a U.S. proposal for the launch of indirect Israeli-Palestinian peace talks.According to Palestinian news agency WAFA quoting PLO general secretary Yasser Abed Rabbo reported that the Palestinians decided to engage Israel, even if indirectly, because they received US guarantees regarding settlement activities and the necessity of stopping them. Palestinian President Mahmoud Abbas has already said he supports the proposal, which would have U.S. Mideast envoy George Mitchell mediate the indirect talks. The Obama administration has been trying to persuade Israel and Mr. Abbas' government to resume peace talks for more than a year. <br/>AIR west Asia correspondent reports that the green signal for indirect talks by PLO executive committee will pave the way for contact between Israel and Palestinians after start of Gaza war in December 2008. The Obama administration has been trying to persuade Israel and Mr. Abbas' government to resume peace talks for more than a year. Palestinians refuse to enter into direct negotiations unless Israel halts all settlement construction in the West Bank and East Jerusalem, which the Palestinians claim as the capital of their future state. Israeli Prime Minister Netanyahu has however agreed to a temporary slowdown in the West Bank, but refuses to announce a construction freeze in East Jerusalem.