Donald Trump has announced his Board of Peace has reached a "historic" deal to disarm Hamas and other Gaza militant groups and pave the way for a new government.
The agreement between Hamas and Israel, announced on Thursday night by the US President, has been described as a "monumental step toward lasting peace and security" in the region.
Announcing the development on social media, Trump said: "This agreement is a critical step towards Gaza finally being governed by a new Palestinian government that will work closely with the Board of Peace to help the Palestinian people. At the same time, Israel will have the security it deserves, with Gaza no longer used as a base for terror attacks.
"The agreement will be carried out in carefully structured phases. As disarmament is completed, Israeli forces will withdraw, and the International Stabilization Force will work with a new Palestinian police force to take responsibility for Gaza being safe for its residents and its neighbors.
"One year ago there was a violent raging war, humanitarian crisis and hostages kept in brutal captivity. We have made historic progress and there is still much work to do."
The Times reports details of the plan will be refined in the coming weeks, although timelines could change due to the complexities of the matter.
It reports a US official noted that Israel remains “sceptical” that Hamas will follow through.