Palestinian rivals Hamas and Fatah sign reconciliation agreement in China

• Hamas and Fatah have been bitter enemies ever since the bloody 2006-2007 civil war in the Gaza Strip.
• But this is far from the first time the rival groups have signed reconciliation pacts, only to return to hostilities due to persistent disagreements.
• The development is significant for China, which has increasingly moved to expand its role in international diplomacy.

Rival Palestinian factions Hamas and Fatah agreed to end their long-standing enmity and work to form a national unity government following talks held in China, Chinese state media reported Tuesday.

"On the morning of July 23, the closing ceremony of the reconciliation dialogue among Palestinian factions was held in Beijing. Representatives of Palestinian factions signed the 'Beijing Declaration' on ending division and strengthening Palestinian unity," Chinese state media outlet CGTN wrote in a post on local social media platform Weibo, according to a translation provided by the website and vetted by CNBC.

The "inter-Palestinian reconciliation dialogue," as it was described by the state outlet, had been underway in Beijing since Sunday.

This renewed attempt at unity marks a significant development, as Hamas and Fatah have been bitter enemies ever since the bloody 2006-2007 civil war in the Gaza Strip. Fatah, the Palestinian political party then governed both the West Bank and the Gaza enclave at the time, was violently kicked out of the latter territory, following Hamas' election win in the Strip in 2006.

Hamas has governed the Gaza enclave since then and is currently embroiled in a brutal war with Israel. The offensive was triggered by the Hamas-led terror attacks of Oct. 7, which resulted in 1,200 deaths in Israel, with a further 253 people taken hostage