In ongoing efforts to broker a ceasefire between Israel and Hamas in Gaza, CIA Director Bill Burns presented a new proposal during negotiations in Cairo, according to a source familiar with the discussions. The proposal seeks to address key issues surrounding the release of Israeli hostages held by Hamas and the exchange of Palestinian prisoners.

The latest US proposal urges Israel to release a higher number of Palestinian prisoners in exchange for the expected release of 40 Israeli hostages in the initial phase of a three-stage ceasefire agreement. Previous reports had suggested discussions around the release of approximately 700 Palestinian prisoners, many of whom are serving life sentences.

Qatari, Egyptian, and Israeli officials, alongside CIA Director Burns, convened in Cairo over the weekend for the negotiations. Additionally, Hamas representatives met with officials from Egypt's Intelligence Service, as reported by Egyptian state media.

The new US proposal also emphasizes the need for Palestinian residents who have fled from northern Gaza to be allowed to return home to the north without restrictions. However, Israel has thus far rejected this demand, insisting on inspections and a limited number of people moving north, as well as the redeployment of IDF troops away from central Gaza.

While all parties have agreed to review the new US proposal, Hamas leaders, who are believed to be hiding in Gaza's extensive underground tunnel system, may take several days to provide a response. A senior Hamas official commented that the group would return to Cairo once the opportunity arises, but could not offer a specific timeframe.

The official further noted that the latest proposals put forth by Israel did not address the crucial issue of unrestricted movement of Palestinians from the south to the north, which remains a key demand for Hamas. The official emphasized the group's original proposal, calling for a ceasefire, complete withdrawal of Israeli troops (even if phased), and the unfettered return of displaced individuals to their homes.

Israeli negotiators have demonstrated a willingness to negotiate the return of Palestinians to northern Gaza, but have insisted on some form of security oversight in the Netzarim corridor, which crosses the middle of Gaza, as well as a limited number of people being allowed to move north per day.

Mediators have been engaged in protracted negotiations for months, aiming to secure a comprehensive agreement on a ceasefire and the release of hostages between Hamas and Israel. However, disagreements have hindered progress and significantly prolonged the process.

Israeli Prime Minister Benjamin Netanyahu announced that he had been briefed on the talks and reaffirmed his determination to send troops into Rafah, setting a date for the operation. The US has voiced opposition to such a move.

While challenges persist, a Qatari representative expressed optimism regarding the ongoing negotiations. The spokesperson for Qatar's foreign ministry noted that various parties, including the United States, have put forth proposals that have the potential to bridge the gaps and move the discussions forward.

As the talks continue, all eyes are now on Hamas and Israel for their responses to the new proposal, which seeks to pave the way for a lasting ceasefire and the release of hostages, bringing hope for a resolution to the longstanding conflict in Gaza.