Israel has offered a comprehensive new ceasefire deal to Hamas, US President Joe Biden says.
The deal would involve the return of Israeli hostages from Gaza and reconstruction of civilian areas.
Mr Biden urged leaders on both sides not to “lose this moment” after ceasefire talks were ground to a halt at the start of the month.
“Everyone who wants peace now must raise their voices and work to make it real. It’s time for this war to end,” the president said during a surprise address at the White House on Friday.
“Israel has made their proposal. Hamas says it wants a ceasefire. This deal is an opportunity to prove whether they really mean it,” he told the news conference.
The first phase of the proposed deal would be a ceasefire lasting six weeks, during which Israel and Hamas would negotiate a permanent end to the fighting in Gaza, Mr Biden said.
If the negotiations take longer than six weeks, the ceasefire would continue for as long as it takes to strike a deal, he added.
Phase two would involve Hamas handing over all remaining hostages and Israel withdrawing all of its forces from Gaza.
The final phase would be about a “major reconstruction plan” for Gaza, according to the president.
Israel says there are still around 100 hostages being held in Gaza, alongside the bodies of a further 30.
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Mr Biden claimed Hamas is no longer capable of carrying out another attack on Israelis like the one on 7 October.
Sky US correspondent Mark Stone describes the announcement as a “big moment”, saying it “feels significant” compared with other similar ones in the past.
It comes after widespread condemnation of Sunday’s Israeli airstrike on the southern city of Rafah, which killed at least 45 displaced Palestinians living in tents.
Distressing images of burned-out tents and bodies being pulled from wreckage have been shared around the world on social media, with the caption ‘all eyes on Rafah’.
Israeli Prime Minister Benjamin Netanyahu labelled the strike a “tragic mistake”, while a spokesperson for the Israel Defence Forces (IDF) said much of the destruction was caused by a subsequent fire that could not have been solely ignited by the type of munitions used.
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