U.S. President Donald Trump said on Wednesday he would present the principles of plan to promote peace between Israel and Palestinians, adding he wanted a two-state solution to resolve the Israeli-Palestinian conflict.

While meeting with Israeli Prime Minister Benjamin Netanyahu at the United Nations, Trump said that he expects to have an Israeli-Palestinian peace plan ready in the next "two to three to four months."

"I really believe something will happen. It is a dream of mine to be able to get that done prior to the end of my first term," Trump said, referring to the peace agreement on the conflict.

"I like a two-state solution. That's what I think works best..." he said.

Noting that Israel will have to "give something to the other side" to promoting the peace process, Trump said he's confident that the Palestinians will return to peace talks "100 percent" despite his support for Israel.

The Trump administration has always argued that it would support a two-state solution if both sides agreed to it. But this is the first time Trump has explicitly backed it.

However, Husam Zomlot, head of the Palestine Liberation Organization (PLO)'s office in Washington, later told AFP that the White House' "words go against their actions and their action is absolutely clear (and) is destroying the possibility of the two-state solution,"

He added that Trump's comments alone were not enough to bring the Palestinians back to the negotiating table.

The Trump administration earlier this month announced its decision to close the Palestine Liberation Organization (PLO)'s office in Washington, a new move to step up pressure on the Palestinians.

Earlier this year, the Trump administration launched a string of U.S. funding cuts against the Palestinians to push them back to the negotiating table.

In December last year, the United States recognized Jerusalem as Israel's capital, an unconventional step announced by Trump himself that sparked global outcry and an absence of the furious Palestinians in talks mediated by Washington.