No American, Israeli or Palestinian authorities have confirmed the leaked document published by Israel Hayom, which is close to Prime Minister Benjamin Netanyahu.
The U.S. intends to publish its plan next month.
According to the Israeli daily, the plan includes the following main points:
1. Agreement
A tripartite agreement will be signed between Israel, the Palestine Liberation Organization (PLO) and Hamas. A Palestinian state called "New Palestine" will be established in West Bank and Gaza, with the exception of Israeli settlements in the West Bank.
2. Evacuation of land
The settlement blocs in the West Bank will remain under Israeli control and will stretch to reach other isolated settlements.
3. Jerusalem
Jerusalem will not be divided or shared between Israel and New Palestine and will be the capital of both Israel and New Palestine. The Arab population in Jerusalem will be citizens of New Palestine.
The Israeli Jerusalem municipality will be responsible for all areas of the city except for education, which will be dealt with by the new Palestinian government. The new Palestinian Authority will pay taxes and water costs to the Jerusalem municipality.
Jews will not be allowed to buy Arab homes, Arabs will not be allowed to buy Jewish homes, no additional areas will be annexed to Jerusalem and the present status of the holy sites will continue.
4. Gaza
Egypt will lease new land to Palestine to construct an airport and factories and serve the commercial and agriculture sectors without allowing Palestinians to reside on this land. The borders of these lands and leasing price will be determined between the two parties through the mediation of the supporting countries.
5. Supporting States
The parties that will financially support the implementation of this agreement are the U.S., the European Union and the oil-producing Gulf states.
The supporting countries will provide a budget of $30 billion over five years for national projects in the new Palestine.
The budget will also include the cost of connecting Jewish settlements and large settlements to Israel.
The U.S. will pay 20% of the cost for such projects and the EU 10%, while oil-producing Gulf states will fund 70%, which will be determined by oil revenues of the countries.
Most of the financial support burden will fall on the oil-producing countries because they will be the main beneficiaries of this agreement.
6. The military
The new Palestine will not be allowed to create an army. The only weapons it will be allowed to possess will be light weapons for the police.
A protection treaty would be signed between Israel and New Palestine under which it will pay Israel to defend it from foreign aggression.
The cost of this payment must be determined in negotiations between the parties which would be mediated by the supporting states.
7, 8. Timelines and stages of implementation
When signing the agreement:
Hamas will deposit all its weapons, including personal arms, with the Egyptian authorities.
Hamas members, including leaders, will continue to receive salaries from supporting countries until the government is formed.
The border of the Gaza Strip, including the maritime border, will be open to the movement of goods and workers to Israel and Egypt, as the current situation of Judea and Samaria.
Within one year, democratic elections will be held and a government of New Palestine will be elected and every Palestinian citizen will be able to run for election.
One year after the elections and establishment of the government, Palestinians held in Israeli prisons will be released gradually over the course of three years.
Within five years, a seaport and airport will be established in New Palestine, and until then, Palestinians will use airports and seaports in Israel.
The border between New Palestine and Israel will be open to the movement of citizens and goods as is the case with friendly countries.
A highway connecting the West Bank and Gaza Strip will be established. China will pay 50% of its cost, while South Korea, Australia, Canada, the U.S. and the EU will each pay 10%.
9. The Jordan Valley
The Jordan Valley will remain under Israeli control.
Road 90 will become a four-lane road.
Israel will issue a tender to widen the road.
New Palestine will be given two new routes to Jordan with crossings under its control.
10. Responsibility
If Hamas and the PLO refuse to sign the ‘Deal of the Century’, the U.S. will cancel all financial support to the Palestinians and ensure that no country transfers funds to them.
If the PLO signed the deal but Hamas or Islamic Jihad refused, the leaders of these two movements will be considered responsible. In a new war between Israel and the Gaza Strip, the U.S. will back Israel in targeting these leaders.
If Israel refused to sign the deal, the U.S. would cease all financial support.