When will it be signed between Israel and Egypt?
When it is signed, Israel and Egyptian Prime Minister Hazem Sabbagh are expected to discuss the issue of the Sinai peninsula and the establishment of an independent Palestinian state in the occupied territories.
Sabbagh, who is expected to meet with Israeli President Shimon Peres on Thursday, is also expected to hold talks with Egyptian President Abdel Fattah al-Sisi on Friday.
On Tuesday, the Egyptian president said that he had made a decision to withdraw from negotiations with Israel on the issue, while the Israeli prime minister said he was ready to do the same.
Ahead of the summit, Israel announced that it had decided to withdraw troops from Gaza, ending a six-week military operation that had left at least 2,000 Palestinians dead and driven nearly two million Palestinians from their homes.
The United Nations has called the Israeli operation a violation of international law.
The withdrawal has been condemned by the United States, which called it a violation, but Israel has said it was in the interests of stability in the Gaza Strip and the region.
“This is an important moment in the peace process, and I would like to stress that we will continue to support the Israeli government in its efforts to secure a lasting peace,” said State Department spokeswoman Jen Psaki, adding that the US would be providing assistance to the Egyptian government and aid to Palestinians living in Gaza.
She said that the United Nations Security Council will meet on Thursday to discuss Israel’s withdrawal from the Gaza strip.
“The United States remains fully committed to supporting the Egyptian-led peace process in Gaza, and we stand ready to support it as it moves forward,” Psaki said.
Egyptian President Abdel Fatah al Saad, who had said he would seek to revive peace talks, said in a televised address on Wednesday that he was prepared to hold further talks with Israel, but only if the Egyptian side fulfilled all its obligations.
Israel’s security cabinet on Monday approved the establishment in Gaza of an administrative council with the power to appoint an additional representative from the Palestinian Authority and appoint an Egyptian deputy to a position in the Israeli-administered enclave.