The hostage deal proves what has been known since October 7. Hamas will not simply disappear, and Israel will have to continue its fight against the terrorist group in the future.
The proposed deal has lead to notable far-right figures in the Knesset threatening to quit.
The right wing minister called the deal 'reckless' and claimed it emboldens Hamas.
The statement indicated that Smotrich did not receive the assurances he demanded in an earlier meeting with Prime Minister Benjamin Netanyahu.
Even if Ben-Gvir and Smotrich oppose the deal, the agreement will still have a majority in government and is still likely to pass.
"In the past year, through our political power, we succeeded in preventing this deal from moving forward, time and time again," he noted.
According to the statement, the Prime Minister instructed the parties to reach finalized agreements within seven days.