Ali Babacan told reporters Monday that an agreement between the longtime enemies requires "strong political determination" on both sides.
The last round of direct peace talks between the two countries broke down in 2000 over the details of Israel's proposed withdrawal from the Golan Heights.
A senior Israeli official said Sunday that peace with Syria was in Israel's interests, on the condition that Damascus is cut off from the axis of evil.
However, the official stressed that negotiations could take time and required patience, and that while the Turkish channel betweenIsrael and Syria did exist, expectations regarding the issue should be kept realistic.
"If Syria breaks away from the axis of evil, if the transfer of arms to Hizbullah is halted and if Jihad and Hamas bases are removed from Damascus – this will constitute progress, and not all this talk and decelerations," he stated.
According to the official, "If Israel will be required to pay the price in question, namely ceding the Golan Heights, without getting anything in return – then we have gained nothing."