The United States and Israel have quickly rejected a new Gaza peace and reconstruction plan proposed by the Arab League under Egypt’s leadership, which was unveiled Tuesday.

A counterproposal to Trump’s provocative Gaza ‘takeover’ plan which advocates the removal of the Palestinian population to neighboring Arab states, the Egyptian plan would of course allow its roughly two million inhabitants to remain.

The $53 billion plan approved by the Arab League aims to rebuild the destroyed Gaza Strip by 2030, while setting up hundreds of thousands of temporary housing units so that Palestinians won’t have to leave. Arab leaders have blasted Trump’s prior proposals as but greenlighting an Israeli ethnic cleansing campaign, and Jordan and Egypt in particular have vehemently rejected the possibility of resettling Palestinians in their territories.

It calls on UN Security Council to deploy an international peacekeeping force in Gaza and the occupied West Bank, which would establish security while reconstruction takes place – and foresees the recycling of rubble to expand Gaza’s coastline and even “sustainable, green and walkable” housing and urban areas, also utilizing renewable energy.

Further, according to the Associated Press, “The communique said Egypt will host an international conference in cooperation with the United Nations for Gaza’s reconstruction, and a World Bank-overseen trust fund will be established to receive pledges to implement the early recovery and reconstruction plan.”

Hamas has welcomed the plan, despite that it says the West Bank-based Palestinian Authority (PA) would eventually take over governance and management of the Gaza Strip.

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Source Zero Hedge