After the G20 summit press conference French President Sarkozy was reportedly overheard telling President Obama that Prime Minister Netanyahu is a liar.

I cannot bear Netanyahu, he's a liar, Sarkozy said to Obama when the the microphones in their meeting room were accidently switched on. The reporters in a separate room were able to listen to the conversation while Sarkozy though he was speaking privately with Obama.

It is indicative of the fact that the relationship between Sarkozy and Netanyahu has touched a low from a once strong friendship when both men were finance ministers.

Also notable in the converstion was that Obama did not come to the defence of Netanyahu. You're fed up with him, but I have to deal with him even more often than you, Obama replied.

Meanwhile, White House press secretary, Jay Carney, declined to comment when asked by reporters, traveling with Obama, about the conversation.

Clearly visible from the incident is the mounting concern felt by many world leaders about Netanyahu and the position of the Israeli government, with respect to the peace process.

The U.S and France have been putting pressure on Israel and the Palestinians to commence on negotiations for the peace agreement process. However, nothing fruitful has happenened.

Also, President Mahmoud Abbas sought the recognition of a Palestinian state at the United Nations a few weeks ago. In addition, the Palestinian state received the UNESCO membership which was favored by France but was objected to by the U. S.