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The group has agreed to release the outstanding captives, albeit dependent on talks and specific terms being fulfilled. This development brings genuine optimism to relatives in the country who have been eagerly waiting for this kind of news for a long time.

Important Components of the Peace Plan

Another significant aspect of the peace plan is the idea of transferring the governance of the Gaza Strip to local technocrats. However, many additional elements are noticeable by their absence, most notably the demand that Hamas lay down its weapons.

Israel's Government to Analyze Wording

Officials in Israel will now be poring over the wording to determine the true intent and to judge whether this represents a sincere good faith agreement of key points or simply an attempt to buy time and restart long drawn out discussions.

Considering that this came just a few hours after the former US president issued his final demand for Hamas to comply or face "all hell," some members of the prime minister's government are expected to be doubtful.

This skepticism may be compounded now that the US president has called on them to promptly halt the bombing of the region.

Possible Role for Hamas in Long-Term Negotiations

Moreover, Israeli officials may disapprove of the last paragraph suggesting that Hamas would keep a part in negotiations over the future governance of the territory.

Although the statement is important no doubt, there is yet a great deal of specifics to be worked through before peace becomes close to a reality.