Israel has drafted a Middle East peace-treaty proposal to be used as a basis for Foreign Minister Moshe Dayan's talks in New York later this month, Prime Minister Menahem Begin announced today.

Begin, in an interview on Israels armed force radio, said the draft peace treaty Israel will present stipulates diplomatic relations and trade ties with Arab countries and describes the territory Israel would surrender for peace.

He said there would be no maps in the plan since frontiers could be defined only through negotiations with the other parties involved. He stressed that this was the first time since the creation of Israel that a comprehensive peace treaty had been prepared in Jerusalem involving Egypt, Jordan, Syria and "perhaps Lebanon as well."

The draft treaty and an accompanying letter stating Israel's position on territorial concessions are to be presented by Dayan in indirect peace talks with the Arabs that will be mediated by the United States, Begin said.

The draft, he said, was submitted to President Carter and Secretary of State Cyrus Vance during recent talks.

Begin declined to give specifies about the plan's provisions on territory, but he is known to be ready to give up parts of the Sinai Desert and Golan Heights for peace treaties with Egypt and Syria.

Although even the occupied West Bank of the Jordan River is negotiable, he said, the prospect of partitioning it is unlikely because the Arab League resolved Monday to continue insisting on total Israeli withdrawal from all captured land.

Begin again ruled out any form of Palestinian statehood in the West Bank.

He said the Israeli proposals offer "a solution to the refugee problem," without mentioning the Palestinians, and stipulates "a settling of accounts" over property lost by the refugees and by Jews who immigrated from Arab countries in the early 1950s.

The Israeli leader said he was optimistic. "Wars are avoidable," he said. "It is peace that is unavoidable."

In Paris, however, Jordan's King Hussein told a news conference that the Arabs have "reached the limit" in constructive moves toward resumption of a full-fledged Middle East peace conference in Geneva.

Unless there is equal movement by Israel, he said, "The future looks pretty dangerous."

Hussein, visiting Paris for two days of talks with President Valery Giscard d'Estaing, warned that "the period immediately ahead will show us if a chance for peace will be with us for a while, or if it will be lost for all time to come."

In other Middle East developments:

Arab foreign ministers, ending talks in Cairo, expressed concern over Portugal's move to raise diplomatic representation with Israel to the ambassadorial level but made no harsher statement, Arab League Secretary General Mohmoud Riad said, "because they are keen on preserving relations" with the Lisbon government.

Arab inability to decide between purchase of French Mirage F-1 fighter-bombers of French-German Alpha jet trainers is holding up construction of a $4 billion arms industry in Egypt, French aircraft industry sources told Reuter.

The Israeli Interior Ministry decided to refuse a tourist visa to reputed organized crime figure Meyer Lansky, 75, who left Israel under threat of expulsion five years ago.