Israel said that Prime Minister Benjamin Netanyahu's security cabinet had convened to vote on the deal at Israeli military headquarters in Tel Aviv.
For a week, Israel has waged a crippling air blitz against the Gaza Strip-dubbed "Operation Protective Edge"-with the stated aim of ending rocket fire from the Palestinian enclave.
Since last Monday, Israeli warplanes have struck more than a thousand targets across the besieged enclave, which is home to around 1.8 million Palestinians killing more than 190 people.
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