Palestinian President Mahmoud Abbas, 74, discusses peace negotiations with Israel and his disappointment with United States President Barack Obama in an exclusive Spiegel interview.

SPIEGEL: Mr. President, the whole world is waiting for you to meet with Israeli Prime Minister Benjamin Netanyahu for talks. When is this finally going to happen?

Abbas: That depends on Israel. We Palestinians have always said that we are willing to negotiate, but only if Israel stops settlement construction completely and recognizes the 1967 borders.

SPIEGEL: Why are you standing in the way of talks by setting these preconditions?

Abbas: They aren't preconditions, but steps that are overdue after the first phase of the international roadmap for peace. Unlike Israel, we have met our obligations: We have recognized Israel's right to exist, and we are combating violent Palestinian groups. The Americans, the Europeans and even the Israelis have acknowledged this.

SPIEGEL: At least Netanyahu has ordered a 10-month freeze on settlements, something no other Israeli prime minister has done. Wouldn't it be your turn now to take a step in his direction?

Abbas: It isn't a real moratorium, because a few thousand housing units are still being built in the West Bank, and Jerusalem is completely exempted from the settlement freeze.

SPIEGEL: You negotiated with Netanyahu's predecessor, Ehud Olmert, even though settlement construction was continuing without restrictions at the time. Aren't you applying a double standard here?

Abbas: In a way, yes. But I have asked Olmert to freeze settlement construction every time we met. Besides, Barack Obama was elected president of the United States in the interim. In his speech to the Islamic world in Cairo, he called for a complete freeze on settlements. When the American president does this, I cannot accept anything less.

SPIEGEL: But now Obama is only talking about Israeli "restraint" in building settlements. At his request, you even agreed to a symbolic handshake with Netanyahu in New York.

Abbas: I was initially very optimistic after Obama won the election. His Middle East envoy, George Mitchell, kept coming to us and promised to urge the Israelis to stop settlement construction completely. Mitchell said that the negotiations would only resume after a moratorium. The American government suddenly backed away from this position in September.

SPIEGEL: Are you saying that it's the Americans' fault that things aren't progressing?