Is the Palestinian leader, Mahmoud Abbas, applying for membership of the British Labour Party?

Is the Palestinian leader, Mahmoud Abbas, applying for membership of the British Labour Party? 

'(Palestinian leader Mahmoud) Abbas told a meeting in the West Bank the Nazi mass murder of European Jews was the result of their financial activities, not anti-Semitism.

He described their "social function" as "usury and banking and such".'

Antisemitism and previous holocaust denial, membership of the Labour Party must be imminent. 

Even the institutionally anti Israel BBC have difficulty in spinning this news http://www.bbc.co.uk/news/world-middle-east-43967600 but I'm sure they'll find an anti Israel angle or replacement story soon.

Is it reasonable to expect Israel to make peace with an antisemitic holocaust denier? What say you Jeremy Corbyn?