ROME (Reuters) - The foreign ministers of France, Germany, Italy and Britain said on Saturday they supported an Arab-backed plan for the reconstruction of Gaza that would cost $53 billion and avoid displacing Palestinians from the enclave.

European leaders are supporting a $53 billion Arab-backed plan for recovery and reconstruction in Gaza that was previously rejected by the US and Israel. The foreign ministers of France, Germany, Italy and the UK issued a joint statement on Saturday saying they welcome the plan,

The plan is a response to US President Donald Trump's proposal that the US could seize control of the Gaza Strip and turn it into 'the Riviera of the Middle East.'

Foreign ministers say proposal rejected by US and Israel and that does not significantly address Hamas 'shows a realistic path to the reconstruction of Gaza'

France, Britain, Germany and Italy have said the Arab-backed plan to reconstruct Gaza and avoid displacing Palestinians from the terrritory is a "realistic path".

France, Germany, Italy, and the UK are backing the plan led by Arab countries for the reconstruction of Gaza, absorbing a budget of Rp800 trillion

Foreign ministers of France, Italy, Germany, and the UK have backed a $53 billion Arab-backed plan for the reconstruction of Gaza. The plan aims to rebuild the territory without displacing its Palestinian inhabitants. The proposal by Egypt has received support from other Arab leaders but has been rejected by Israel and US President Donald Trump.

The Organisation of Islamic Cooperation on Saturday adopted an Arab League plan to rebuild the devastated Gaza Strip. The Egyptian proposal, which was welcomed by the foreign ministers of France, Germany,