I feel very optimistic, says Vance at a press conference.
Just over two weeks after the agreement was concluded, the situation is shaky.
Hamas and Israel have accused each other of violating the ceasefire. Over the weekend, Israel carried out heavy bombings in Gaza after accusing Hamas of killing two Israeli soldiers.
Vance acknowledges that challenges exist, but describes the situation as bright in light of the circumstances.
What we've seen lately gives me a lot of hope that this will hold, says Vance at a press conference in Kiryat Gat in southern Israel.
Given the conflict-filled history, I think everyone should be proud of where we stand today.
Complicated points
Despite the violations of the ceasefire, the process of returning dead Israeli hostages and dead Palestinians has continued to roll on.
Vance admits that it will take time to negotiate the details of the other points in Donald Trump's peace plan. He emphasizes that the priority in the near future is to establish security in Gaza, get enough humanitarian support in, and get the reconstruction started.
Discussions about how Gaza will be governed in the long term will have to take place later, he adds.
When we have reached a point where both Gazans and Israelis can feel safe, we can focus on the more long-term.
Vance will meet Netanyahu in Jerusalem on Wednesday morning, at 9 Swedish time, announces the prime minister's office according to the Times of Israel.
We will talk about two things, primarily the security challenges and the diplomatic opportunities we face, said the Israeli prime minister on Monday about the meeting.
Met released hostages
On Monday, a meeting was held between Netanyahu and Trump's son-in-law and advisor Jared Kushner as well as the US special envoy Steve Witkoff, who is also on site in Israel. The meeting was "very good", reports an employee at Netanyahu's office for The Times of Israel on Tuesday.
It was about things they agreed on from the beginning, he says.
On Tuesday, Witkoff and Kushner have, among other things, met Israeli hostages who were released by Hamas as part of the peace agreement in the Gaza war.
The visits come at the same time as The New York Times reports that the US fears that Netanyahu may shoot down the ceasefire.
