(Agencies)
Updated: 2008-05-05 23:21

JERUSALEM -- Israel said on Monday it had made "significant progress" on the issue of the future borders of a Palestinian state following a top-level meeting between the two sides.

"We have made significant progress on the two issues of outlining the borders of the future Palestinian state and the security arrangements between Israel and the Palestinian state," a senior Israeli official said.

The official was speaking after a meeting between Israeli Prime Minister Ehud Olmert and Palestinian president Mahmud Abbas at which he was present.

The two leaders met hours after US Secretary of State Condoleezza Rice wrapped up her latest visit to the region during which she pressed the two sides to advance US-brokered peace talks launched five months ago.