Obama and Netanyahu met at the White House a day after the US president endorsed a longstanding Palestinian demand on the borders for their future state.
The US president said that any final solution must include two states, Israel and a Palestinian state, which exist viably on each othersborders.
Netanyahu said that while the refugee issue needed to be resolved, it could not be resolved within Israel’s borders.
Obama reiterated that Israel’s security would be “paramount” in any likely peace deal with the Palestinians.
In remarks to reporters in the Oval Office, Obama said he had reiterated the principles he had laid out on Thursday.
Both men acknowledged differences between their positions.