Kingdom’s Minister of Foreign Affairs Prince Faisal bin Farhan said on Monday said that Saudi Arabia has proposed a new peace initiative to end the ongoing conflict in Yemen between the internationally-recognized government and the Iran-backed Houthis.

The new initiative includes a nationwide ceasefire that will be implemented under the supervision of the United Nations, Prince Faisal said during a press conference in Riyadh.

Political negotiations between the Yemeni government and the Houthis will also resume under the initiative, Prince Faisal added.

“We will work with the international community, with our partners and with the government of Yemen to push toward this initiative being implemented. We will do all we can to put the necessary pressure on the Houthis to accept and to come to the negotiating table and to lay down arms, because we believe that a stop to the fighting and a focus on a political solution is the only way forward,” Prince Faisal said.

If the two parties agree to the deal, Sanaa airport will reopen, which will allow fuel and food imports through the Hodeidah port, according to the minister.

The Kingdom rejects Iran’s interference in Yemen as well as its exports of ballistic missiles to the Houthis, Prince Faisal said.

Iran has been supplying militias in the region with weapons and has led to the destabilization of several countries, he added.

The minister called on the Houthis to accept the peace plan in order to end the conflict.

“The initiative will take effect as soon as the Houthis agree to it,” Prince Faisal said