"Settling the Palestinian issue will alter the reality and condition of the entire region for the better," Egypt’s President Abdel-Fattah El-Sisi told Munich's quartet group, which is tasked with supporting the peace process in the Middle East, during its meeting in Cairo on Monday.

The group, comprising Egypt, France, Germany, and Jordan's foreign ministers, held a meeting in the Egyptian capital earlier today to discuss reviving the frozen Israeli-Palestinian peace process.

Following the meeting, the group was received by the Egyptian president, who was briefed on the outcomes of their meeting, during which the ministers forged 11 provisions detailed in a joint statement outlining the endeavours to revive the peace process.

The Egyptian president asserted that settling the Palestinian issue "will open new paths and horizons for regional cooperation between governments and peoples," presidential spokesman Bassem Rady said in a statement.

“This [reasoning] stems from the reality Egypt has experienced during its pioneering experiment in the region by opting for the path of peace and practicing it for more than four decades," the statement quoted El-Sisi as saying.

The president affirmed the significance of taking steps to re-launch the peace process on the international political table, highlighting the membership in the quartet group of the two Arab countries closest to the Palestinian cause, Egypt and Jordan, alongside major EU countries France and Germany.

Egypt, El-Sisi said, will continue its "tireless" efforts in the Palestinian issue in an effort to restore the legitimate rights of the Palestinian people and establish their independent state as per international legitimacy.

The Jordanian, French, German officials voiced their appreciation for Egypt’s “continued and steadfast” efforts in supporting the Palestinian cause, in addition to its historical role in this respect, which aims to reach a fair and comprehensive solution to the issue.

They also praised the Egyptian efforts to stabilise the situation in the Gaza Strip, in addition to its efforts to achieve political consensus among all Palestinian factions in order facilitate reconciliation.

The ministers underscored the importance of continuing the group’s periodical meetings to push forward peace efforts in the region and end the current stalemate by urging the Palestinian and Israeli sides to negotiate and reach a fair and comprehensive political settlement.

Monday's gathering is the fourth for the quartet, which was established on the sidelines of the Munich Security Conference held in February 2020.

The next meeting is set to be held in Paris to continue consultations regarding ways to boost the peace process.