Warm greetings for US Secretary of State Hillary Clinton in Jerusalem.
After meeting with Egypt's new government, Clinton's talks with Israeli officials were expected to focus on the neighbouring state's transition.
Some fear Egypt's new Islamist president, Mohamed Mursi, will break his pledge to honor a 1979 peace treaty with Israel.
Israeli President Shimon Peres affirmed his state's commitment to the accord.
(SOUNDBITE) (English) ISRAELI PRESIDENT SHIMON PERES SAYING:
"And I want to say clearly that like the United States, so is Israel very much interested in keeping the peace with the largest Arab country, Egypt."
Clinton said its a time of uncertainty but also of opportunity
(SOUNDBITE) (English) UNITED STATES SECRETARY OF STATE HILLARY CLINTON SAYING:
"It is a chance to advance our shared goals of security, stability, peace and democracy along with prosperity for the millions of people in this region who have yet to see a better future."
The long-stalled Israeli-Palestinian peace process and Iran's controversial nuclear programme also top the allies' agendas.
Lindsey Parietti, Reuters