Gaza has a terrorist infrastructure that parallels Hezbollah's prior to the Second Lebanon War, Finance Minister Yuval Steinitz was quoted by Army Radio as saying Tuesday.

"Gaza has a military-terrorist (structure) that is reminiscent of Hezbollah's prior to the Second Lebanon War," Steinitz affirmed, adding that Israel "never agreed to this situation which goes against all of our agreements with the Palestinians."

His statements followed a meeting of Prime Minister Binyamin Netanyahu's advisory group of nine ministers, to which Steinitz belongs, to discuss this week's escalation in the South.

According to Arym Radio, the ministers decided that the IDF would abide by a ceasefire if the rocket attacks emanating from Gaza stopped.

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