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Former Israeli prime minister Ehud Olmert and Palestinian Authority leader Mahmoud Abbas will hold a joint press conference in opposition to US President Donald Trump's peace plan, The Jerusalem Post reported, citing Israel's Channel 12.

"Olmert will hold a joint press conference with [Abbas] during a UN Security Council meeting in New York, where he will express his opposition to Trump's plan," Hadashot reporter Ehud Ya'ari said.

The peace plan, known as the "Deal of the Century," was unveiled in late January and has faced opposition by the Left and the Palestinians.

In the 180-page document, the Trump administration outlined a proposal for a potential Palestinian state to be created four years down the road, with a section of East Jerusalem as its capital, Politico reported. It included a map that ceded some of the territory seized by Israel in the Six-Day War in 1967 to Israel. That map also included land swaps that would shift communities that have been within Israel’s borders since 1948 to the potential Palestinian state.