Palestinian Deputy Prime Minister Nasser el-Dein al-Sha'er announced on Wednesday the Hamas-led cabinet would present a new political vision to the world in an effort to break international isolation.

Al-Sha'er told Palestinian radio Voice of Palestine that the government would present the world a new political vision soon if it was approved by the other factions, but he declined to reveal the content of the new initiative.

He said that the cabinet hoped the new political vision adopted through the national dialogue could help end the current crisis. "When we present it to the world, we will see if the goal was to punish the Palestinian people or to find a solution to the crisis," al-Sha'er said.

The Hamas administration plunged into severe financial crisis and political isolation after the United States, the European Union and Israel imposed sanctions to press Hamas to renounce violence and recognize Israel.

If the pressure "meant to punish the Palestinian people, they (Palestinians) would be able to respond suitably," al-Sha'er clarified.

Palestinian factions will convene in mid May an inter-Palestinian conference to thrash out ways of getting out of crisis.