John Kerry
John Kerry Reuters

US President Barack Obama is "committed" to a two-state solution to the Arab-Israeli conflict, Secretary of State John Kerry said Saturday on the stalled Middle East peace process.

"The position of the United States with respect to our long expressed hope, the Republicans and the Democrats alike (and) many presidents of the last 50 years or more, has always been for peace and President Obama remains committed to a two-state solution," Kerry said at a news conference in Egyptian resort town of Sharm el-Sheikh.  

Kerry is attending a three-day international investor conference in Sharm el-Sheikh that aims to attract billions of dollars in Egypt's troubled economy.

On Friday, he held talks with Palestinian Authority president Mahmoud Abbas, Egyptian President Abdel Fattah al-Sisi and Jordan's King Abdullah II on the Middle East peace process.

The four leaders discussed creating an environment to "push forward the peace process to reach a comprehensive and just peace in the region," Sisi's office said in a statement after the four met.  

Kerry led a bid last year to try to reach an Israeli-Palestinian peace deal, but his efforts collapsed amid bitter recriminations by both sides.  

Last month the United States voiced fears the Palestinian Authority may be teetering on the brink of collapse because of a lack of funding, as Israel withholds taxes and donor aid stalls in retaliation for a PA diplomatic offensive at the UN and ICC.

Kerry's reaffirmation of the White House's determination to partition Israel into two states comes just days before Israel's general elections on March 17. The Obama administration has been not-so-subtly rooting for the left-wing Zionist Union list of Labor and Hatnua, and analysts predict a left-wing victory will likely precipitate a renewed push by Washington to force Israeli concessions and impose its two-state solution vision.

AFP contributed to this report.