The Palestinian president has announced he will not be seeking re-election.
Mahmoud Abbas said enough was enough after years of frustration fighting for an independent homeland.
Abbas said he was surprised by Washington's "favouring of the Israeli position" regarding the issue of illegal Israeli settlements and that a solution had to be found.
He also said that the "sum of my experience" is that a two-state solution for Palestine and Israel is still possible.
Al Jazeera's Nour Odeh reports from Ramallah.