US President Donald Trump will push a new peace plan to end the Israel-Gaza war during White House talks with Israeli Prime Minister Benjamin Netanyahu on Monday.
Trump has talked up prospects of reaching an agreement, telling journalists on Friday: I think we have a deal.
But Netanyahu said on Sunday it's not been finalized yet, while Hamas said they had not formally been sent the proposal.
According to leaked copies of the plan published by US and Israeli media, it stipulates the release of all hostages within 48 hours of the deal being confirmed. Once they are returned, Israel will free hundreds of Palestinian prisoners serving life sentences.
Hamas members who commit to peace will be offered amnesty and safe passage out of Gaza - and the group will have no future role in the territory. All Hamas military structures will be destroyed.
The Israel Defense Forces (IDF) will gradually withdraw from the Strip, and Gaza will be governed by an interim transitional government.
The plan appears to constitute a significant shift of position by the Trump administration, which has previously advocated relocating Gaza's entire population of 2.1 million and redeveloping Gaza into a US-owned 'riviera'.
The latest proposal encourages Palestinians to remain in Gaza.
It also acknowledges Palestinian aspirations for a future state and includes a future role for the Palestinian Authority (PA) in the territory once it has undertaken reforms. These are previous red-lines for Netanyahu. Last week, he reiterated to the UN General Assembly he would not allow a Palestinian state and labeled the PA corrupt to its core.
Even if the Israeli PM is persuaded by Trump, he may struggle to convince the more hardline elements of his governing coalition to accept it. Ultranationalists within that coalition hope to retain control of Gaza and rebuild Jewish settlements there.
Opposition leader Yair Lapid said that he supported reaching an agreement and had told US officials that Netanyahu had a safety net from me for a hostage deal and an end to the war.
Opinion polls suggest Netanyahu is under mounting pressure from the Israeli public to end the war - as well as from the families of the 48 hostages remaining in Gaza, 20 of whom are thought to be alive.
Trump is also said to be growing impatient with the Israeli leader, expressing annoyance at Israel's air strikes on US-ally Qatar earlier this month, which were aimed at assassinating Hamas leadership.
The Israeli military launched a campaign in Gaza in response to the Hamas-led attack on southern Israel on 7 October 2023, in which about 1,200 people were killed and 251 others were taken hostage.
At least 65,549 people have been killed in Israeli attacks in Gaza since then, according to the territory's Hamas-run health ministry. Earlier this month, a UN commission of inquiry concluded that Israel had committed genocide in Gaza, which Israel strongly rejects.