Washington (CNN). President Donald Trump recognized Jerusalem as Israel’s capital on Wednesday and announced plans to relocate the US Embassy there, a move expected to inflame tensions in the region and unsettle the prospects for peace.

“I have determined that it is time to officially recognize Jerusalem as the capital of Israel,” Trump said from White House’s Diplomatic Reception Room. “After more than two decades of waivers, we are no closer to a lasting peace agreement between Israel and the Palestinians.”

The move signaled a willingness on Trump’s part to prioritize fulfilling a campaign promise over the consensus among US allies in the region and beyond that the decision could stymie the peace process and increase security risks in a region that is already on edge.

“Today, I am delivering,” Trump said, referencing his campaign promise.

In calls with Trump on Tuesday, Arab leaders in the region and French President Emmanuel Macron expressed deep misgivings about Trump’s move and urged him to reconsider.

Trump’s decision, previewed Tuesday by senior administration officials, upends decades of policy from successive Republican and Democratic administrations that have said the status of Jerusalem should be left up to a final status agreement negotiated between Israelis and Palestinians.

Trump said Wednesday he is ordering the State Department “to begin preparations to move the embassy from Tel Aviv to Jerusalem.”

But senior officials said he will again sign a waiver to keep the US embassy in Tel Aviv for the time being as they estimate it will take years before a new embassy can open in Jerusalem.

Trump said his order to the State Department will begin the process of hiring architects and building contractors to build an embassy that will be a “a magnificent tribute to peace.”

President Donald J. Trump’s Proclamation on Jerusalem as the Capital of the State of Israel

“My announcement today marks the beginning of a new approach to the conflict between Israel and the Palestinians.” – President Donald J. Trump

RECOGNIZING JERUSALEM: President Donald J. Trump is following through on his promise to recognize Jerusalem as the capital of the State of Israel and has instructed the State Department to begin to relocate the U.S. Embassy to Israel from Tel Aviv to Jerusalem.

Today, December 6, 2017, President Trump recognized Jerusalem, the ancient capital of the Jewish people, as the capital of the State of Israel.
- In taking this action, President Trump fulfilled a major campaign promise of his and many previous Presidential candidates.
The Trump Administration is fully coordinated in supporting this historic action by the President, and has engaged broadly with both our Congressional and international partners on this issue.
- President Trump’s action enjoys broad, bipartisan support in Congress, including as expressed in the Jerusalem Recognition Act of 1995. This Act was reaffirmed by a unanimous vote of the Senate only six months ago.
President Trump has instructed the State Department to develop a plan to relocate the U.S. Embassy from Tel Aviv to Jerusalem.
Departments and Agencies have implemented a robust security plan to ensure the safety of our citizens and assets in the region.

STATUS OF JERUSALEM: President Trump recognizes that specific boundaries of sovereignty in Jerusalem is highly sensitive and subject to final status negotiations.

President Trump recognizes that the status of Jerusalem is a highly-sensitive issue, but he does not think the peace process is aided by ignoring the simple truth that Jerusalem is home to Israel’s legislature, supreme court, President, and Prime Minister.
President Trump recognizes that the specific boundaries of Israeli sovereignty in Jerusalem are subject to final status negotiations between the parties.
President Trump reaffirms United States support for the status quo at the Temple Mount, also known as Haram al Sharif.

COMMITTED TO THE PEACE PROCESS: President Trump is committed to achieving a lasting peace agreement between Israelis and Palestinians.

President Trump remains committed to achieving a lasting peace agreement between the Israelis and Palestinians, and he is optimistic that peace can be achieved.
Delaying the recognition of Jerusalem as the capital of Israel has not helped achieve peace over the past two decades.
President Trump is prepared to support a two-state solution to the dispute between the Israelis and Palestinians, if agreed to by the parties.