The proposed deal is said to resemble the United Nations Security Council resolution which ended the 2006 war, but with more international support to push the Iran-backed armed group away from the border with Israel and bolster regular Lebanese army troops deploying there when Israeli forces withdraw.

Israel's security cabinet agreed to a ceasefire deal between Israel and Hezbollah brokered by the U.S., Israeli Prime Minister Benjamin Netanyahu said in a taped video message Tuesday evening local time after meeting with his security cabinet.

The Israeli government is expected to shortly announce its agreement to a ceasefire with Hezbollah in Lebanon that will begin Wednesday morning, according to a source familiar. The announcement is expected following a vote taking place among Israel’s security Cabinet Tuesday evening local time.