CAEN, France - U.S. President Barack Obama said on Saturday he wanted to see serious, constructive peace talks aimed at finding a two-state solution between Israel and the Palestinians.

Progress would mean the parties involved ... are in serious, constructive negotiations toward a two state solution, Obama told reporters after a meeting with his French counterpart Nicolas Sarkozy.

I do not expect that a 60-year problem is solved overnight, but as I have said before, I do expect both sides to recognize that their fates are tied together, he added.