Unlock the Editor’s Digest for free
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.
Israel and Hamas have agreed to a deal to halt the war in Gaza and free the remaining hostages, raising hopes of an end to the bloodiest round of fighting in the Israeli-Palestinian conflict’s history.
The multiphase agreement comes days before Donald Trump takes office as US president. Trump’s warning that there would be “all hell to pay” if the hostages were not released before his inauguration on Monday helped inject renewed momentum into the long-stalled talks.
“WE HAVE A DEAL FOR THE HOSTAGES IN THE MIDDLE EAST. THEY WILL BE RELEASED SHORTLY,” Trump posted on his Truth Social platform on Wednesday. “THANK YOU!”
A person close to the Doha-based talks said a deal had been done after Sheikh Mohammed bin Abdulrahman al-Thani, the Qatari prime minister, had met Hamas and Israeli negotiators separately in a final push for an agreement.
Previous attempts to broker a deal to end the 15-month conflict and secure the release of the 98 Israeli hostages still in Gaza — not all of whom are alive — had repeatedly foundered as Israel and the Palestinian militant group refused to make the concessions necessary to reach an agreement.
Israel’s government is due to vote on the deal — based on a three-phase proposal outlined by US President Joe Biden last year. Far-right ministers including national security minister Itamar Ben-Gvir, have expressed opposition to the deal, but are not expected to be able to block it.
The first phase of the deal will involve a 42-day truce, during which 33 Israeli hostages — including children, all female prisoners, the sick and the elderly — will be freed in exchange for the release of Palestinian prisoners from Israeli jails and a dramatic increase in humanitarian aid deliveries into Gaza.
No later than day 16 of the truce, the two parties will begin negotiating the second phase of the deal, during which the remaining hostages, including male soldiers, are meant to be released in exchange for further Palestinian prisoners.
The second phase is also supposed to lead to a permanent ceasefire and the full withdrawal of Israeli troops from Gaza.
The final phase would involve the return of all remaining dead bodies, and the reconstruction of Gaza, under the supervision of Egypt, Qatar and the UN.
Abu Shukri, a community organiser sheltering in the Maghaz refugee camp in Gaza, said people in the neighbourhood had lined the streets and balconies in anticipation of the announcement. As news of the deal reached them, people shouted and shot in the air in celebration.
“We just thank God,” Abu Shukri said of the news. “But we’ve given our children, we gave our parents.”
Hamas’s October 7 assault, which killed more Jews than any other attack since the Holocaust, and Israel’s retaliatory offensive in Gaza triggered a year-long wave of hostilities that has shifted the dynamics of the Middle East.
The Palestinian militants killed 1,200 people in their shock assault on Israel, according to Israeli officials, and took another 250 hostage.
Israel’s offensive has killed more than 46,000 people, according to Palestinian officials, and reduced much of Gaza to rubble, and fuelled a humanitarian catastrophe in the besieged enclave.
As Iranian-backed militants, including Hizbollah, the Lebanese militant movement, began firing towards Israel in solidarity with the Palestinians, Israel went to war on multiple fronts. It traded direct missile strikes with Iran for the first time, invaded southern Lebanon and launched bombing raids on Syria and Yemen.
Additional reporting by Malaika Tapper in Beirut
Read the full article here
