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Hezbollah leader Seyyed Hassan Nasrallah has praised the movement's victory following the release of five Lebanese detainees by Israel.

"The period of defeat is over and the time of victory has arrived," Nasrallah said in a ceremony held for the release of Samir Kuntar along with four other Lebanese detainees from Israeli prisons.

"This people and this nation and this country that gave a clear picture to the world... cannot be defeated," Nasrallah said.

The Hezbollah leader called the prisoner swap a victory for the resistance saying "If we had been defeated in July 2006, Samir and the martyrs would not have been returned today."

Lebanon handed over the bodies of two Israeli soldiers Ehud Goldwasser and Eldad Regev, who were captured by Hezbollah in July 2006.

Nasrallah said he has written a letter to the UN chief and asked for the release of women and children who are still in Israeli prisons.

Hezbollah leader also vowed to elaborate on a report which was handed over to Hezbollah earlier this week on the fate of four Iranian diplomats kidnapped in Lebanon in 1982.