Published by Global Banking and Finance Review
Posted on July 3, 2025
By Andrew Mills
(Reuters) -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.
The plan is subject to approval by both parties involved in the conflict. U.S., Qatari and Egyptian mediators have been working to secure agreement. Here are the details as outlined by the official, who spoke on condition of anonymity:
HOSTAGES AND PALESTINIAN PRISONERS
Ten hostages will be returned along with the bodies of 18 others held hostage, according to the following schedule:
- Day 1: 8 hostages
- Day 7: 5 bodies
- Day 30: 5 bodies
- Day 50: 2 hostages
- Day 60: 8 bodies
The swaps will take place without any ceremonies or parades.
On Day 10, Hamas will provide information and evidence that confirm which remaining prisoners are alive or dead, plus medical reports. Israel will provide full information about Palestinian prisoners from Gaza detained since October 7, 2023.
Hamas will release hostages in exchange for Israel releasing detained Palestinians.
Israel says that of 50 hostages held by Hamas and its allies, about 20 are believed to be alive.
AID TO PALESTINIANS
In accordance with a January 19 agreement, aid will immediately enter Gaza in sufficient amounts with the involvement of the United Nations and the International Committee of the Red Cross.
ISRAELI WITHDRAWALS
On Day One, after the eight hostages are released, the Israeli army will withdraw from parts of northern Gaza as per maps that will be agreed upon.
On Day Seven, after receiving the 5 bodies, Israelis will withdraw from parts of the south as per maps agreed upon.
A technical team will work on drawing boundaries for withdrawals during rapid negotiations that will take place after agreement on the framework of the proposal.
NEGOTIATIONS ON A PERMANENT CEASEFIRE
On Day One of the agreement, negotiations will start on a permanent ceasefire with key points that include:
- Remaining prisoner exchanges
- Long-term security arrangements for Gaza
- Declaration of a permanent ceasefire
If an agreement is reached, all remaining Palestinian prisoners detained from Gaza since October 7, 2023, will be released.
GUARANTEES
The proposal guarantees U.S. President Donald Trump’s commitment to the agreement. If negotiations during the 60-day ceasefire are successful, they will lead to a permanent end to the conflict.
The mediators will guarantee serious negotiations take place during the pause. If more time is needed, they can extend that period.
(Reporting by Andrew Mills in London; Editing by Howard Goller)
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