Full text of Obama's speech in Cairo

Palestinians must abandon violence. Resistance through violence and killing is wrong and it does not succeed. For centuries, black people in America suffered the lash of the whip as slaves and the humiliation of segregation. But it was not violence that won full and equal rights. It was a peaceful and determined insistence upon the ideals at the center of America's founding.

This same story can be told by people from South Africa to South Asia, to Eastern Europe to Indonesia. It's a story with a simple truth: violence is a dead end. It is a sign neither of courage nor power to shoot rockets at sleeping children or to blow up old women on a bus. That's not how moral authority is claimed, that's how it is surrendered.

Now is the time for Palestinians to focus on what they can build. The Palestinian Authority must develop its capacity to govern with institutions that serve the needs of its people.

Hamas does have support among some Palestinians, but they also have to recognize they have responsibilities, to play a role in fulfilling Palestinian aspirations, to unify the Palestinian people, Hamas must put an end to violence, recognize past agreements, recognize Israel's right to exist.

At the same time, Israelis must acknowledge that just as Israel's right to exist cannot be denied, neither can Palestine's. The United States does not accept the legitimacy of continued Israeli settlements.

This construction violates previous agreements and undermines efforts to achieve peace. It is time for these settlements to stop.

And Israel must also live up to its obligation to ensure that Palestinians can live and work and develop their society. Just as it devastates Palestinian families, the continuing humanitarian crisis in Gaza does not serve Israel's security, neither does the continuing lack of opportunity in the West Bank.

Progress in the daily lives of the Palestinian people must be a critical part of a road to peace. And Israel must take concrete steps to enable such progress.

And, finally, the Arab states must recognize that the Arab Peace Initiative was an important beginning, but not the end of their responsibility. The Arab-Israeli conflict should no longer be used to distract the people of Arab nations from other problems. Instead, it must be a cause for action to help the Palestinian people develop the institutions that will sustain their state, to recognize Israel's legitimacy and to choose progress over a self-defeating focus on the past.

America will align our policies with those who pursue peace, and we will say in public what we say in private to Israelis and Palestinians and Arabs.

We cannot impose peace. But privately, many Muslims recognize that Israel will not go away. Likewise, many Israelis recognize the need for a Palestinian state.

It is time for us to act on what everyone knows to be true. Too many tears have been shed, too much blood has been shed.

All of us have a responsibility to work for the day when the mothers of Israelis and Palestinians could, can see their children grow up without fear, when the holy land of the three great faiths is the place of peace that God intended it to be, when Jerusalem is a secure and lasting home for Jews and Christians and Muslims and a place for all of the children of Abraham to mingle peacefully together as in the story of Isra — as in the story of Isra, when Moses, Jesus, and Mohammed — peace be upon them — joined in prayer.

The third source of tension is our shared interest in the rights and responsibilities of nations on nuclear weapons. This issue has been a source of tension between the United States and the Islamic Republic of Iran. For many years, Iran has defined itself, in part, by its opposition to my country. And there is, in fact, a tumultuous history between us.

In the middle of the Cold War, the United States played a role in the overthrow of a democratically elected Iranian government. Since the Islamic revolution, Iran has played a role in acts of hostage taking and violence against U.S. troops and civilians. This history is well known.

Rather than remain trapped in the past, I've made it clear to Iran's leaders and people that my country is prepared to move forward. The question now is not what Iran is against but, rather, what future it wants to build.

I recognize it will be hard to overcome decades of mistrust, but we will proceed with courage, rectitude, and resolve. There will be many issues to discussion between our two countries, and we are willing to move forward without preconditions on the basis of mutual respect.

But it is clear to all concerned that when it comes to nuclear weapons, we have reached a decisive point. This is not simply about America's interests.

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