The two allies demanded approval by Hamas, whose Oct 7, 2023 attack triggered a massive Israeli offensive, with Netanyahu warning he will “finish the job” if Hamas says no.
Here are the key points:
War ends and hostages released
Israel will immediately suspend military operations once the two sides agree, and Hamas then will have 72 hours to return all Oct 7 hostages including the remains of those who are dead.
Israel in turn will free 250 Palestinian prisoners serving life sentences, 1,700 Gaza residents detained in the war, and the remains of 15 Palestinians for the remains of each dead hostage.
Israel will eventually withdraw from Gaza in phases.
Trump to head transition body
Trump himself will become chair of a transitional “Board of Peace” in Gaza that will include former British prime minister Tony Blair.
The board will consider “exciting development ideas” and turn the war-ravaged territory into a special economic zone with preferential tariff rates.
Trump has previously spoken of developing property in the Mediterranean territory, where virtually the entire population of two million has been displaced by war that has reduced most buildings to rubble.
No forced displacement
Contrary to calls by right-wing Israeli government ministers, Palestinians would not be forced to leave Gaza and Israel will not annex the territory.
Instead, the plan says that the transitional body will “encourage people to stay and offer them the opportunity to build a better Gaza.”
No role for Hamas but conditional amnesty
Hamas, which took control of Gaza in 2007, will play no role in future governance.
However, Hamas members will be granted amnesty if they commit to “peaceful coexistence” and decommission their weapons. Hamas members will also be allowed safe passage to leave Gaza.
International Stabilisation Force
The plan calls for an “international Stabilisation Force” to deploy immediately in Gaza, with support from Arab states.
The force will train Palestinian police in Gaza and work to ensure security with Israel and neighbouring Egypt.
Indonesia has previously voiced willingness to contribute troops.
Unclear future for Palestinian authority, state
The plan does not rule out a Palestinian state, despite Netanyahu’s longtime vows to fight one, including after recent recognition of a State of Palestine by France, Britain and other powers.
“The conditions may finally be in place for a credible pathway to Palestinian self-determination and statehood, which we recognise as the aspiration of the Palestinian people,” the plan says.
The plan also suggests allowing a role for the Palestinian Authority once it has “completed its reform programme” and points to a French-backed initiative to strengthen the Ramallah-based body, which opposes Hamas.
But Netanyahu in remarks alongside Trump said he saw “no role whatsoever” for the Palestinian Authority without it “undergoing a radical and genuine transformation.”