Economy Minister Naftali Bennett dismissed late Saturday reports that Israel was offering to release some 400 Palestinian prisoners as part of a framework for extending negotiations with the Palestinian Authority.

According to a report from the Walla! Hebrew-language news site, Israel and the United States had allegedly proposed the mass release to PA President Mahmoud Abbas as a gesture for extending talks an additional six months following the April 29 deadline for the current round of diplomatic efforts.

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Bennett said he had received hundreds of inquires about the alleged release, to which he responded on his Facebook account that "It should be clear: It will not happen."

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