The foreign minister added that Israel has "shown much flexibility and we respect the American requests.
Israeli Ambassador to the US Michael Oren expressed his satisfaction over Obama's UN speech, and said that it is not yet clear whether the Palestinians have majority support for their statehood bid at the UN Security Council.
Oren told Ynet that "Congress has made it clear that there will be consequences to any Palestinian attempt to declare independence through the UN, and I think that the Palestinians are completely aware of this stance."
Defense Minister Ehud Barak on Wednesday responded to US President Barck Obama's speech,, saying the address was proof of the strong relationship between the American leader and Israel.
"Once again it's been proven to all the doubters, President Obama is an ally and friend of Israel. The Obama administration gives backing to Israel's security in a wide, all-encompassing and unprecedented manner."