Israeli Prime Minister Benjamin Netanyahu said on Sunday there has been progress on a security deal with Syria but an agreement was not imminent.

Axar.az informs, citing Reuters, speaking at the outset of a cabinet meeting, Netanyahu said victory against Hezbollah in Lebanon had opened up the possibility of peace with Israel's northern neighbours.

"We are holding talks with the Syrians, there is some progress, but there was still a ways to go," he said.

"In any case these discussions, as well as the contacts with Lebanon, would not have been possible without our decisive victories on the northern front and others."