JERUSALEM, Israel - Israeli Prime Minister Benjamin Netanyahu welcomed a statement by Egypt's ruling military Saturday pledging to uphold the "commitment to all its international treaties," including the 1979 peace treaty with Israel.

Netanyahu's called the treaty "a cornerstone of peace and stability in the Middle East."

On Sunday, Egypt's ruling Armed Forces Supreme Council dissolved the parliament and suspended the nation's constitution, meeting two of the protesters' demands.

The military issued the statement Saturday, the day after President Hosni Mubarak resigned, following two-and-a-half weeks of massive protests demanding his ouster. Mubarak turned over rule to the Armed Forces Supreme Council.

"[The military] is looking forward to a peaceful transition for a free democratic system to permit an elected civil authority to be in charge of the country to build a democratic free nation," said military spokesman Gen. Mohsen el-Fangari on state television.

On Saturday, protesters held a press conference to publicize their demands, which include forming a presidential council and unity coalition, disbanding parliament, rewriting the constitution, adopting reforms guaranteeing freedom of the press, freedom to form political parties and the disbandment of the hated emergency laws.

The protesters also called for investigations into alleged government corruption and charging people who were responsible for the deaths of demonstrators.