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Trump says Israel, Hamas signed off on first phase of Gaza deal

Published by Global Banking & Finance Review

Posted on October 8, 2025

2 min read

· Last updated: January 21, 2026

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Trump says Israel, Hamas signed off on first phase of Gaza deal
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WASHINGTON (Reuters) -Israel and Hamas have signed off on the first phase of the U.S.-proposed Gaza deal, allowing for the release of all Israeli hostages, U.S. President Donald Trump announced on

Trump Announces Initial Gaza Deal with Israel and Hamas for Hostage Release

Overview of the Gaza Deal

WASHINGTON (Reuters) -Israel and Hamas have signed off on the first phase of the U.S.-proposed Gaza deal, allowing for the release of all Israeli hostages, U.S. President Donald Trump announced on Wednesday.

"I am very proud to announce that Israel and Hamas have both signed off on the first Phase of our Peace Plan," Trump said on Truth Social.

"This means that ALL of the Hostages will be released very soon, and Israel will withdraw their Troops to an agreed upon line as the first steps toward a Strong, Durable, and Everlasting Peace," Trump added.

Details of the Agreement

The announcement comes a day after the second anniversary of Hamas' attack on Israel that triggered Israel's devastating assault on Gaza.

Background on the Conflict

Gaza authorities say more than 67,000 people have been killed and much of the enclave has been flattened since Israel began its military response to the Hamas cross-border attack on October 7, 2023.

Around 1,200 people were killed and 251 were taken hostage back to Gaza, according to Israeli officials, with 20 of the 48 hostages still held believed to be alive.

Future Implications and Next Steps

Earlier on Wednesday, Trump said that he might travel this weekend to Egypt, where his envoys were in talks to try to seal the ceasefire and hostage-release agreement.

(Reporting by Ismail Shakil and Jasper Ward; Editing by Jamie Freed)

Key Takeaways

  • Israel and Hamas agree to U.S.-proposed Gaza peace deal.
  • All Israeli hostages to be released as part of the deal.
  • Israel to withdraw troops to an agreed line.
  • Announcement follows anniversary of Hamas' attack on Israel.
  • Trump may travel to Egypt for further negotiations.

Frequently Asked Questions

What is military withdrawal?
Military withdrawal refers to the process of removing armed forces from a specific area, often as part of a peace agreement or ceasefire.

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