In remarks at the Presidential Palace in Ramallah, West Bank, Palestinian President Mahmoud Abbas said all agreements with zionist occupiers had been suspended and that a mechanism would be formed to enact that decision.

"We announce the leadership's decision to stop implementing the agreements signed with the zionists side," he said in a televised speech during the meeting in Ramallah.

In his speech, Abbas denounced zionist occupiers for the recent demolition of dozens of Palestinian homes on the outskirts of East Jerusalem, saying that it was a catalyst for the decision to suspend the agreements.

Abbas called on the international community to "take immediate action to stop zionists' abuses on Palestinian soil, particularly the ravages in the Valley Al-Hummus neighborhood in the Sur Baher area of occupied East Jerusalem."

"We will not bow to any dictates or faits accomplis being imposed on the ground by brute force, specifically in Jerusalem," Abbas said in press remarks, describing zionists' practices in the occupied territories as illegitimate and wrong.

"Our hands have always been extended for just, comprehensive and lasting peace; however, this does not mean that we should accept the status quo or surrender to the occupation’s measures," the president said.

"And we will not go along with the deal of the century because Palestine and Jerusalem are not for sale and barter," he added.

"There is no peace, no security and no stability in our region and the world without our people getting their rights fully, and no matter how long or short the time was, the obnoxious occupation would be routed and our deep-rooted state would obtain its freedom," Abbas underscored.

Abbas announced such decision in response to zionist occupiers recent mass home demolitions in the PA-controlled town of Sur Baher, east of Occupied Jerusalem. (ILKHA)