Israeli Prime Minister Benjamin Netanyahu attends the US Independence Day reception, known as the annual “Fourth of July” celebration, hosted by Newsmax, in Jerusalem, Aug. 13, 2025. Photo: REUTERS/Ronen Zvulun/Pool

Prime Minister Benjamin Netanyahu said on Thursday that Israel will begin immediate negotiations for the release of all hostages held in Gaza and an end to the nearly two-year-old war on terms acceptable to Israel.

Speaking to soldiers serving in Gaza, Netanyahu said he was meeting commanders to approve plans for capturing Gaza City and defeating the Palestinian terrorist group Hamas.

“At the same time, I have issued instructions to begin immediate negotiations for the release of all our hostages and an end to the war on terms acceptable to Israel,” he said, adding: “We are in the decision-making phase.”

The Israeli military maintained its pressure on Gaza City into Thursday.

On Wednesday, the military called up 60,000 reservists in a sign that the government was pressing ahead with the plan, despite international condemnation.

Calling up tens of thousands of reservists is likely to take weeks, giving time for mediators to attempt to bridge gaps over a new temporary ceasefire proposal that Hamas has accepted, but the Israeli government has yet to officially respond to.

The proposal calls for a 60-day ceasefire and the release of 10 living hostages being held in Gaza by Hamas terrorists and of 18 bodies. In turn, Israel would release about 200 long-serving Palestinian prisoners held by Israel.

The Israeli government has stated that all of the remaining 50 hostages held by terrorists in Gaza must be released at once. Israeli officials believe that around 20 of them are still alive.