Berlin: Prime Minister Atal Bihari Vajpayee has said he will "retire" if his third and last peace initiative with Pakistan fails.

Asked by the interviewer of widely-circulated German daily ‘Der Spiegel’ as to what happens if his stated last peace intiative failed, he shot back, "Then I have to accept my defeat, then I retire."

"It is never intelligent to get involved in predictions in these issues," Vajpayee said when reminded that he was 78 and asked if he would contest Parliamentary elections due next year.

PTI