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    Home > Headlines > Exclusive-US proposes 60-day ceasefire for Gaza; hostage-prisoner swap, plan shows
    Headlines

    Exclusive-US proposes 60-day ceasefire for Gaza; hostage-prisoner swap, plan shows

    Published by Global Banking & Finance Review®

    Posted on May 30, 2025

    5 min read

    Last updated: January 23, 2026

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    Tags:humanitarian aidfinancial crisisInvestment opportunitiesinternational organizations

    Quick Summary

    The US proposes a 60-day ceasefire in Gaza, involving a hostage-prisoner swap and humanitarian aid, amid differing responses from Israel and Hamas.

    US Proposes 60-Day Ceasefire for Gaza Amid Hostage Negotiations

    By Samia Nakhoul and Hatem Maher

    (Reuters) -The U.S. plan for Gaza, seen by Reuters on Friday, proposes a 60-day ceasefire and the release of 28 Israeli hostages - alive and dead - in the first week, in exchange for the release of 1,236 Palestinian prisoners and the remains of 180 dead Palestinians.

    The document, which says the plan is guaranteed by U.S. President Donald Trump and mediators Egypt and Qatar, includes sending humanitarian aid to Gaza as soon as Hamas signs off on the ceasefire agreement.

    The aid will be delivered by the United Nations, the Red Crescent and other agreed channels.

    The White House said on Thursday that Israel had agreed to the U.S. ceasefire proposal.

    Israeli media said Prime Minister Benjamin Netanyahu told the families of hostages held in Gaza that Israel had accepted the deal presented by Trump’s Middle East envoy Steve Witkoff. The prime minister's office declined to comment.

    The Palestinian militant group Hamas said it had received the Israeli response to the proposal, which it said "fails to meet any of the just and legitimate demands of our people" including an immediate cessation of hostilities and an end to the humanitarian crisis in Gaza.

    Hamas official Basem Naim said the Israeli response "fundamentally seeks to entrench the occupation and perpetuate policies of killing and starvation, even during what is supposed to be a period of temporary de-escalation".

    However, he said Hamas' leadership was carrying out a "thorough and responsible review of the new proposal".

    The U.S. plan provides for Hamas to release the last 30 of the 58 remaining Israeli hostages once a permanent ceasefire is in place. Israel will also cease all military operations in Gaza as soon as the truce takes effect, it shows.

    The Israeli army will also redeploy its troops in stages.

    Deep differences between Hamas and Israel have stymied previous attempts to restore a ceasefire that broke down in March.

    Israel has insisted that Hamas disarm completely, be dismantled as a military and governing force and return all 58 hostages still held in Gaza before it will agree to end the war.

    Hamas has rejected the demand to give up its weapons and says Israel must pull its troops out of Gaza and commit to ending the war.

    Israel launched its campaign in Gaza in response to the Hamas attack in its south on October 7, 2023, that killed some 1,200 people and saw 251 Israelis taken hostage into Gaza, according to Israeli tallies.

    The subsequent Israeli military campaign has killed more than 54,000 Palestinians, Gaza health officials say, and has left the enclave in ruins.

    MOUNTING PRESSURE

    Israel has come under increasing international pressure, with many European countries that are usually reluctant to criticise it openly demanding an end to the war and a major relief effort.

    The United Nations Office for the Coordination of Humanitarian Affairs (OCHA) said on Friday that Israel is blocking all but a trickle of humanitarian aid from entering Gaza, with almost no ready-to-eat food entering what its spokesperson described as "the hungriest place on earth".

    Witkoff told reporters on Wednesday that Washington was close to "sending out a new term sheet" about a ceasefire by the two sides in the conflict.

    "I have some very good feelings about getting to a long-term resolution, temporary ceasefire and a long-term resolution, a peaceful resolution, of that conflict," Witkoff said then.

    The 60-day ceasefire, according to the plan, may be extended if negotiations for a permanent ceasefire are not concluded within the set period.

    Senior Hamas official Sami Abu Zuhri said on Thursday the terms of the proposal echoed Israel’s position and did not contain commitments to end the war, withdraw Israeli troops or admit aid as Hamas has demanded.

    AID DISTRIBUTION

    The Gaza Humanitarian Foundation, a private group backed by the United States and endorsed by Israel, said it had distributed a total of more than 1.8 million meals this week and it expanded its aid distribution to a third site in Gaza on Thursday. GHF plans to open more sites in coming weeks.

    The group, heavily criticised by the United Nations and other aid groups as inadequate and flawed, began its operation this week in Gaza, where the U.N. has said 2 million people are at risk of famine after an 11-week blockade by Israel on aid entering the enclave.

    There were tumultuous scenes on Tuesday as thousands of Palestinians rushed to distribution points and forced private security contractors to retreat.

    The chaotic start to the operation has raised international pressure on Israel to get more food in and halt the fighting in Gaza.

    French President Emmanuel Macron said on Friday that his country could harden its position if Israel continues to block humanitarian aid to Gaza.

    (Reporting and writing by Samia Nakhoul and Hatem MaherAdditional reporting by Ali Sawafta in Ramallah and Washington and Cairo teamsEditing by Michael Perry, Clarence Fernandez and Frances Kerry)

    Key Takeaways

    • •US proposes a 60-day ceasefire in Gaza.
    • •Plan includes a hostage-prisoner swap.
    • •Israel and Hamas have differing responses.
    • •Humanitarian aid to be delivered to Gaza.
    • •International pressure mounts on Israel.

    Frequently Asked Questions about Exclusive-US proposes 60-day ceasefire for Gaza; hostage-prisoner swap, plan shows

    1What does the US ceasefire proposal entail?

    The US plan proposes a 60-day ceasefire and the release of 28 Israeli hostages in exchange for the release of prisoners by Hamas, along with humanitarian aid to Gaza.

    2How has Hamas responded to the ceasefire proposal?

    Hamas stated that the Israeli response to the proposal fails to meet their demands and is currently reviewing the new proposal thoroughly.

    3What are the conditions for the ceasefire to be extended?

    The 60-day ceasefire may be extended if negotiations for a permanent ceasefire are not concluded within the set period.

    4What has been the international reaction to the conflict?

    There has been mounting international pressure on Israel to end the war and allow humanitarian aid into Gaza, with several European countries demanding action.

    5What are the humanitarian conditions in Gaza?

    The UN has reported that Israel is blocking most humanitarian aid from entering Gaza, with millions at risk of famine due to the ongoing conflict.

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