Jerusalem, Jan. 10: Visiting U. S. President George Bush and Israeli Prime Minister Ehud Olmert have told reporters here that they discussed progress of the Middle East peace process and the situation prevailing in Iran during their more than two-hour-long discussions.

Addressing a joint press conference after their meeting, both leaders stressed on their mutual desire to pursue the peace process initiated in Annapolis, Maryland and on the threat posed by Iran and its nuclear program.

Bush, who is making his first visit to Israel during his presidency, described the event as a historic moment and a historic opportunity.