The report cited two US officials and a Western source familiar with the details.

US President Donald Trump poses with the signed agreement at a world leaders’ summit on ending the Gaza war, amid a US-brokered prisoner-hostage swap and ceasefire deal between Israel and Hamas, in Sharm el-Sheikh, Egypt, October 13, 2025.
(photo credit: REUTERS/Suzanne Plunkett/Pool)

US President Donald Trump is expected to announce Gaza’s “Board of Peace” and the transition to the second phase of the US-backed Gaza deal in the next three weeks, Axios reported on Thursday, citing two US officials and a Western source familiar with the details.

“All of the different elements are pretty well advanced. It’s all moving ahead, and the aim is to announce it before people break for the holidays,” Axios reported, citing the Western source.

The “Board of Peace” will reportedly include approximately 10 Arab and Western leaders and will work alongside an international executive board composed of former British prime minister Tony Blair, Jared Kushner, US envoy Steve Witkoff, and other senior officials from contributing countries.

“The equation will be IDF out of Gaza but Hamas out of power,” Axios cited the Western source as saying. “The moment of truth will come in the next few weeks.”

Mediators are attempting to reach an agreement with Hamas regarding ended its governance of the Gaza Strip and its disarmament, according to Axios.

The current discussion will reportedly have the terror group lay down its heavy arms first, and only afterward call for the group’s handover of its lighter weapons.

US President Donald Trump speaks during world leaders’ summit on ending the Gaza war, amid a US-brokered prisoner-hostage swap and ceasefire deal between Israel and Hamas, in Sharm el-Sheikh, Egypt, October 13, 2025. (credit: REUTERS/Suzanne Plunkett/Pool)

Israeli delegation negotiates release of final deceased hostage held in Gaza

The announcement follows the return of slain hostage Sudthisak Rinthalak’s remains on Wednesday, and an Israeli delegation’s Thursday visit to Cairo to try to negotiate the release of the final slain hostage held in Gaza, St.-Sgt.-Maj. Ran Gvili.

Gvili was killed in battle fighting infiltrating Hamas terrorists on October 7, 2023, after saving the lives of those fleeing the Nova music festival in Re’im and defending Kibbutz Alumim from Hamas terrorists.

The delegation was headed by the Coordinator for Hostages and Missing Persons, Brig.-Gen. (res.) Gal Hirsch, and included officials from the IDF, the Shin Bet (Israel Security Agency), and the Mossad.

As reported by The Jerusalem Post