German Chancellor Friedrich Merz has said that Germany would provide 29 million euros ($34 million) in immediate humanitarian aid for Gaza, following Israel’s ratification of a ceasefire with Palestinian group Hamas, Reuters reports.

“We are providing 29 million euros for humanitarian aid. Together with Egypt, we will invite to a reconstruction conference for Gaza,” Merz said on X, adding Germany would assume responsibility in the peace process proposed by US President Donald Trump.

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