HAS the West Asia peace process collapsed with the advent of the right-wing Likud government in Israel? The answer depends on who you ask. While Palestinian National Authority (PNA) officials are deeply concerned now that the declared opponents of the Oslo agreement are in power in Israel, Jordan's King Hussein expressed optimism about the future of the peace process immediately after the election of the new Israeli Prime Minister, Benyamin Netanyahu. And, after a closed-door meeting with Net-anyahu at his Cairo palace, Egyptian President Hosni Mub arak echoed Hussain's view.