Israel and Turkey are to announce on Monday an agreement to normalize their relations more than six years after ties between the erstwhile allies fell apart following the Mavi Marmara incident.

Israeli Prime Minister Benjamin Netanyahu was set to announce the agreement and explain its elements at a press conference in Rome where he stays for talks with US Secretary of State John Kerry.

Turkey will make a similar announcement in Ankara. Israeli foreign ministry’s director- general Dore Gold and his Turkish counterpart, Foreign Ministry Undersecretary Feridun Sinirlioglu, are then scheduled to separately sign the agreement in their respective capitals the next day.

The two countries finalized the deal in one last round of talks in Rome.

According to the senior Israeli source, the Turks have given Israel a letter pledging that Turkish President Recep Tayyip Erdogan will direct the relevant Turkish authorities to work on a humanitarian basis for the return to Israel of two missing Israelis in Gaza – Avraham “Abera” Mengistu and a Beduin from the South – as well as the bodies of St.-Sgt. Oron Shaul and Lt. Hadar Goldin, the two soldiers killed during Operation Protective Edge in 2014.

The agreement includes the following elements:

• Turkey will be allowed to transfer humanitarian aid to the Gaza Strip without limitation through the Ashdod port, and will be allowed to build, inside Gaza, power and desalination plants and a hospital. This is in lieu of a lifting of the blockade of Gaza, which Erdogan had demanded for years as a precondition for normalizing ties.
• Turkey will not allow Hamas to plan or carry out attacks against Israel from its territory. Turkey did not, as Israel demanded, agree to kick the terrorist organization out of the country. Erdogan, according to the Turkish press, met Hamas leader Khaled Mashaal in Istanbul on Friday to update him on the deal.
• As a humanitarian act, Israel will pay $20 million to a special fund set up for the families of the nine victims killed on the Mavi Marmara by IDF commandos who faced violent resistance when they boarded the ship to keep it from breaking the naval blockade of Gaza.

The diplomatic source stressed that this payment was being made on a humanitarian basis, is external to the agreement and is not an Israeli acknowledgment of responsibility.

The money will only be transferred after the Turkish parliament passes a law making it impossible for further Mavi Marmara claims to be made against Israeli officers or soldiers in the country.

Turkey also committed itself to compensate Israel if claims related to the ship are made against Israel in third countries.

The source said the monetary compensation was decided upon some three years ago.

On Wednesday, the agreement will come for the approval of the security cabinet and, if all goes according to plan, ambassadors are expected to be reappointed by the end of July.