Palestinian source: Hamas agrees to allow Palestinian security forces trained in Egypt and Jordan to enter the sector.

Palestinian source: Hamas agrees to allow Palestinian security forces trained in Egypt and Jordan to enter the sector.

In a significant development in the ongoing negotiations between Israel and Hamas, the Palestinian militant group has agreed to allow Palestinian security forces trained in Egypt and Jordan to enter the Gaza Strip. This agreement is part of the broader peace plan proposed by former U.S. President Donald Trump, which aims to address the longstanding conflict in the region .

The agreement, reached during negotiations in Egypt's Red Sea resort of Sharm El Sheikh, marks a crucial step towards the implementation of the 20-point plan presented by Mr. Trump last week. The negotiations, facilitated by mediators from Egypt, Qatar, and Turkey, have focused on the technicalities of the release of hostages held by Hamas and the details of Israel's military redeployment in Gaza .

Hamas has agreed to the entry of Palestinian security forces into Gaza, provided they are trained in Egypt and Jordan. This move is seen as an attempt to bolster the security situation in the region and pave the way for a long-term ceasefire. The Palestinian militant group has also requested that Israel observe a ceasefire throughout the negotiations and until a comprehensive deal is reached .

The agreement comes amidst ongoing efforts to address the humanitarian crisis in Gaza, where more than 66,000 civilians have been killed in the past two years. The conflict has led to widespread hunger and a significant weakening of Hamas's military capabilities and manpower .

The U.S. and Israel remain committed to ensuring that Hamas fully disarms as provided for in Mr. Trump's plan. However, Hamas has suggested that it only gives up its offensive weapons, such as missile batteries and rocket launchers, with the disposition of the rest of the group's arsenal decided as part of inter-Palestinian reconciliation .

The negotiations in Egypt followed Hamas's decision to agree to releasing all the hostages and accepting the key parts of Mr. Trump's plan. The White House has sent two envoys, Jared Kushner and Steve Witkoff, to Egypt to facilitate the talks .

This development is likely to have significant implications for the financial and security landscape in the region. As negotiations progress, investors and financial professionals will be closely monitoring the situation to assess potential risks and opportunities.