"Israeli" Prime Minister Binyamin Netanyahu was hopeful on Wednesday night that negotiations with the US over a written incentives package in exchange for a 90-day settlement freeze will soon be completed.

The US document would reflect the understandings reached between Netanyahu and US Secretary of State Hillary Clinton at their meeting last Thursday in New York, the Prime Minister's Office said.

"If the American document is designed according to these principles, it will be an excellent agreement for the State of "Israel"," the Prime Minister's Office said.

Opponents of a renewed freeze have speculated that when the document arrives, the wording will be so vague as to allow the US to renege on any of its commitments.

The document, government sources said, would likely state that this 90-day freeze would be the last.

Earlier in the day, government officials clarified that "Israel's" ability to continue Jewish construction in occupied east Al Quds (Jerusalem) during that 90-day period would be understood, but not spelled out in the document.

"Jerusalem is outside of the discussion on this issue," Netanyahu's office said.