Hamas announces reconciliation pact with Fatah

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"According security measures will be applied and adopted by the Palestinian Authority where the presidential guards will be spread all over the borders", said al-Ahmad. "Unity and national reconciliation among the Palestinian people are our strategic option for moving forward".

"Sinwar congratulated President Abbas by phone on the completion of the national reconciliation project", Fatah - of which Abbas serves as chairman - said in a statement.

"President Abbas has repeatedly stressed his readiness to visit Gaza", Majid al-Fitiani, secretary of Fatah's Revolutionary Council, told Anadolu Agency on Thursday.

According to reports in Gaza and Ramallah, representatives of both organizations will hold a press conference at 1 P.M. local time, where full details of the agreement will be shared.

Sanctions taken by Abbas against Hamas-controlled Gaza will also soon be lifted, the Fatah official said.

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During this period, the source added, the Ramallah government will pay all outstanding salaries owed to Gaza's public servants.

It was signed in Cairo by new Hamas deputy leader Salah al-Aruri and Azzam al-Ahmad, the head of the Fatah delegation for the talks, at the headquarters of Egypt's intelligence service, which oversaw the negotiations.

The meetings in Cairo are centred around implementing the 2011 Cairo Agreement between the two political parties, in hopes of ending the 10-year political schism.

Earlier Thursday, Hamas political chief Ismail Haniyeh confirmed that the two factions had hammered out a reconciliation agreement following a week of intense discussions in Cairo.

Since that seizure of power, Hamas - which is considered a terrorist organisation by both Israel and the United States - has ruled Gaza while Fatah, led by Palestinian figurehead Mahmoud Abbas, has controlled the West Bank. In 2014, the sides agreed to create a unity government, but no such government was ever formed. In June 2007, its militants seized power in the Gaza Strip.