Hamas has announced that it will release hostage Edan Alexander, an American citizen.

In a statement, Hamas said that it would release Alexander following talks with US officials and “intensified efforts to achieve a ceasefire, open border crossings, and allow humanitarian aid into the Gaza Strip.”

No timeline was given for Alexander’s release.

Hamas also said that it would be ready to enter negotiations with the goal of reaching an agreement to end the war and establish a mutually “agreed prisoner exchange, and enable Gaza to be administered by an independent professional authority.”

According to Reuters, Gaza Hamas chief Khalil Al-Hayya  said in a statement "The movement affirms its readiness to immediately start intensive negotiations and make serious efforts to reach a final agreement to end the war, exchange prisoners in an agreed-upon manner.”

Hamas uses the term “prisoner exchange” in reference to the release of hostages for Palestinian security prisoners, according to the Times of Israel.