The proposal is still in its early stages as of Friday.
According to the proposal's outline, the first phase will include a humanitarian exchange deal that will contain the release of 40–50 hostages in exchange for a complete ceasefire of a few weeks, according to three senior Israeli officials.
The second phase is expected to be more complex, its details are not yet completely clear, but the direction is to arrange a withdrawal of IDF troops from the area.
Despite the cabinet discussing the proposal, neither Israel nor Hamas have yet responded to the offer.
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