Mahmoud Abbas, the president of the Palestinian Authority (PA), has announced the suspension of all agreements signed with Israel.
He added that a committee would be set up in order to implement the decision but did not offer additional information.
Abbas said the move comes as Israeli authorities “ignore” all the signed agreements with the PA.
Declaration came after an emergency meeting of the Palestine Liberation Organization in the wake of Israel’s demolition this week of several Palestinian buildings in Sur Baher village.
On Monday, bulldozers accompanied by hundreds of Israeli soldiers moved into the village’s Wadi al-Hummus neighborhood and razed several buildings.
Israeli authorities claim that the buildings were constructed too close to its separation wall without a permit, but Palestinians say they had obtained the required licensing.