A hostages-and-prisoners exchange and armistice between Israel and Hamas-led Palestinian militant groups in the Gaza Strip took effect from 19 January to 18 March 2025, during the Gaza war. It included eight rounds of hostages-and-prisoners exchanges between Israel and Hamas.
The initial proposal was a serial initiative in three stages, beginning with a six-week ceasefire and including the release of all Israelis being held hostage in Gaza in exchange for hundreds of Palestinians being held by Israel, an end to the war, Israel's withdrawal from the Gaza Strip, and a reconstruction process that would last from three to five years. The proposal was first drafted by mediators from the United States, Egypt, and Qatar, accepted by Hamas on 5 May 2024, and presented by U.S. president Joe Biden on 31 May. On 10 June, the United Nations Security Council supported it as Resolution 2735. Later in 2024, Israeli prime minister Benjamin Netanyahu was accused of hindering the proposal while some US officials accused Hamas of the same. After he was elected, United States president-elect Donald Trump joined Biden in pressuring the Israeli side to accept a similar proposal. A variation of the proposal was agreed to by Israel and Hamas on 15 January 2025. On 17 January, the deal was signed by its negotiators, and it was approved by the Israeli security cabinet and later the full Israeli cabinet.