U.S. President Joe Biden on Friday outlined what he described as an Israeli ceasefire proposal to end the war in Gaza, nearly eight months after Israel began its invasion in response to the October 7 attack by Hamas.

Biden described three phases to release captives held by both sides, allow residents to return to the north of the Gaza Strip and begin reconstruction of the devastated territory after the full withdrawal of Israeli troops.

Hamas said it looked positively on the proposal and previously accepted similar terms, but Israeli Prime Minister Benjamin Netanyahu has yet to agree to it publicly amid pressure from far-right members of his governing coalition to continue the war indefinitely.

Former Israeli peace negotiator Daniel Levy says Biden may have employed "constructive ambiguity" about Israel's position in order to bring the two sides closer to a deal, but that the most important goal is to end the "horrors" in Gaza with a permanent ceasefire.

"What are the maximal guarantees that can be given that this is not just a 42-day hiatus followed by yet further death, killing, destruction that we still now see every day?" asks Levy, who is now president of the U.S./Middle East Project.