JERUSALEM: Israel has offered Turkey $20 million in compensation to the families of those killed and wounded in its botched 2010 raid on a Gaza-bound flotilla, Haaretz newspaper reported on Monday.

Citing unnamed Western diplomats briefed on ongoing negotiations with Ankara, the daily said Turkey had yet to respond to the Israeli offer.

The Turkish foreign ministry said only that the talks were continuing, but Hurriyet newspaper quoted an unnamed diplomatic source as saying there were “positive developments” in the negotiations on compensation.

“An agreement is almost ready and is waiting for the finalisation of some minor issues before being submitted to the two countries' leadership,” the Turkish paper quoted the source as saying.—AFP