CGTN correspondent Toni Waterman reports from Washington D.C., U.S., on the latest developments in peace negotiations between Israel and Hamas, explaining how a deal was reached.

Israel and Hamas confirmed on Wednesday that a ceasefire deal has been agreed, and Israeli Prime Minister Netanyahu is set to convene his government on Thursday to approve the deal.

The first phase includes key steps: a ceasefire, a hostage-prisoner swap, humanitarian aid entry into Gaza and the withdrawal of Israeli forces. Waterman also explores the U.S.'s role, with a Brown University study revealing over $21 billion in military aid to Israel since the conflict's start, and the evolving relationship between U.S. President Donald Trump and Netanyahu in the context of the peace talks.