The Associated Press obtained a copy of the proposed agreement, and an Egyptian official and a Hamas official confirmed its authenticity. An Israeli official said progress has been made, but the details are being finalized.
All three officials spoke on condition of anonymity to discuss the talks.
"I believe we will get a ceasefire," U.S. Secretary of State Antony Blinken said during a speech Tuesday, asserting it was up to Hamas.
If the deal goes according to the current draft, then fighting will stop in Gaza for 42 days, and dozens of Israeli hostages and hundreds of Palestinian prisoners will be freed. In this first phase Israeli troops will pull back to the edges of Gaza, and many Palestinians will be able to return to what remains of their homes as stepped-up aid flows in.
The question is if the ceasefire will survive beyond that first phase.
That will depend on even more negotiations meant to begin within weeks. In those talks, Israel, Hamas, and the U.S, Egyptian and Qatari mediators will have to tackle the tough issue of how Gaza will be governed, with Israel demanding the elimination of Hamas.
Without a deal within those 42 days to begin the second phase, Israel could resume its campaign in Gaza to destroy Hamas – even as dozens of hostages remain in the terrorists’ hands.