US President Donald Trump plans to announce before Christmas that the Gaza peace process is moving into its second phase and to unveil the new governance structure for this Palestinian  enclave, according to two US officials and a Western source directly involved in the process, Axios reported Thursday.

Israeli Prime Minister Benjamin Netanyahu is expected to meet President Trump in the US before the end of the month to discuss the next phase of the Gaza deal.

The second phase of the deal involves Israel pulling out of more of Gaza, an international stabilization force (ISF) deploying to Gaza, and a new governing structure coming into force, including the Trump-led Board of Peace.

One key element of phase one — the release by Hamas of all live and deceased hostages — is nearly complete.

Sitting atop the governing structure will be the Trump-led Board of Peace, which will include approximately 10 leaders from Arab and Western countries, the US officials say.

Below that will be an international executive board that will include former U.K. Prime Minister Tony Blair, Trump advisers Jared Kushner and Steve Witkoff, and additional senior officials from countries represented in the Board of Peace.

A Palestinian technocratic government will operate under the executive board. It will include 12–15 Palestinians who have management and business experience and are not affiliated with Hamas, Fatah or other Palestinian party or faction.

The US is in the final stages of achieving consensus with Israel, the Palestinian Authority and countries in the region on the composition of the technocratic government, the sources said.

Meanwhile, countries including Indonesia, Azerbaijan, Egypt, and Turkey are willing to contribute troops to the ISF.

The sources say the US, Qatar, Egypt and Turkey are negotiating with Hamas on an agreement under which the group would step back from governing Gaza and begin a process of disarming, Axios added.