An Egyptian official revealed on Tuesday details of the “latest proposal” for a ceasefire in the Gaza Strip, which has been accepted by Hamas.

According to Reuters, the official stated that the proposal, presented by Egyptian and Qatari mediators, includes a temporary suspension of military operations for 60 days and outlines a path toward reaching a comprehensive agreement to end the war.

The temporary halt in hostilities would involve the exchange of Palestinian prisoners in return for the release of half of the Israeli hostages currently held in Gaza.

Separately, a knowledgeable Palestinian official told AFP that the proposal is based on the latest plan by U.S. envoy Steve Whitkoff, which calls for a 60-day truce and the release of Israeli hostages in two phases.

He added that it serves as a framework agreement to launch indirect negotiations between the two sides (Israel and Hamas) regarding a permanent ceasefire.

The Israeli newspaper Israel Hayom reported that a draft of the U.S. proposal was prepared following talks in Egypt this week between a Hamas delegation and mediators. The draft focuses on a multi-phase permanent settlement, beginning with Whitkoff’s proposed plan and culminating in a long-term ceasefire agreement.

American and Arab sources cited by the newspaper said the new draft was developed after the meetings in Egypt, and that groundwork has been laid to break the deadlock—despite repeated statements from senior Hamas officials rejecting the conditions for ending the war.

The same source noted that Hamas has shown willingness to accept the terms of Whitkoff’s plan, which it had previously opposed during the Doha negotiations.

Moreover, Hamas has not ruled out discussing the end of the war during the ceasefire talks and has expressed readiness to meet some of the demands related to the hostages.