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.

Under the agreement, Israeli troops would retreat from southern Lebanon while Hezbollah would move its forces further away from the Israeli-Lebanon border.

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.