The U.S.-backed proposal for a 60-day ceasefire between Israel and Hamas envisages a phased release of hostages, Israeli troop withdrawals from parts of Gaza and discussions on ending the conflict, an official familiar with the negotiations said on Wednesday.

Israel has agreed to the "necessary conditions" to finalise a 60-day ceasefire in Gaza, US President Donald Trump has said. In a post on Truth Social, Trump said the US would "work with all parties to end the War". He did not give details on the proposed truce.

President Donald Trump announced Tuesday that Israel has agreed to the terms of a proposed 60-day ceasefire in Gaza and warned Hamas to accept the deal before the situation deteriorates further. The announcement came just days before Trump is set to host Israeli Prime Minister Benjamin Netanyahu at the White House on Monday for high-stakes talks aimed at ending the ongoing conflict.