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This plan is believed to be the exact one that Trump ran by Saudi Arabia, the United Arab Emirates, Qatar, Egypt, Jordan, Turkey, Indonesia and Pakistan leaders last week at the UN. Getting these countries to sign on and getting Israel to agree would be critical in getting this deal done. There are clear wins and losses for both Israel and Hamas though Hamas this is a complete surrender so it is naturally worse for them.
Hamas has not accepted this deal yet however, with the pressure of these Muslim leaders Hamas might not have much of an option left. Importantly for these countries it doesnt let Israel control the Strip and keeps the door open for Palestinian Statehood.