Ramallah, Feb. 15 -- The Palestinian Presidency on Sunday (local time) condemned Israel's security cabinet decision to change land registration and property acquisition procedures in areas A and B of the West Bank, news agency WAFA reported.

The Presidency called the move an escalation and a flagrant violation of international law.

In a statement, the Presidency said the move to classify West Bank land as "state property" under Israeli authority constitutes a direct threat to security and stability. It stressed that the measure amounts to de facto annexation of the occupied Palestinian territory.

According to WAFA, the Presidency added that the step nullifies signed agreements and violates UN Security Council resolutions, particularly ...