Abbas made the remarks in an address to the 70th session of the UN General Assembly in New York in Wednesday.
Abbas said that the PA cannot abide by the Oslo agreements with the Tel Aviv regime any longer due to the Tel Aviv regime’s continued illegal settlement activities in the occupied territories, Press TV reported
"We declare that as long as Israel refuses to commit to the agreements signed with us ... [they] leave us no choice but to insist that we will not remain the only ones committed to the implementation of these agreements, while Israel continuously violates them," he said.
"We therefore declare that we cannot continue to be bound by these signed agreements with Israel and that Israel must assume all of its responsibilities as an occupying power, because the status quo cannot continue,” he added.
The Oslo Accords are a set of agreements signed between the Israeli regime and the Palestine Liberation Organization (PLO) in 1993 and 1995. The pacts marked the start of the Oslo process aimed at resolving the Palestinian-Israeli conflict and fulfilling the right of the Palestinians to self-determination.