The Salafist Nour Party has proposed a new initiative to end the current impasse in the country that includes a "safe exit" for ousted President Mohammad Morsi and the inclusion of his Freedom and Justice Party (FJP) in the political process.
"We proposed the initiative to the relevant political powers to create consensus that includes painful concessions from the Muslim Brotherhood now that Morsi's return to office has become difficult," Khaled Allam El-Dine, a senior leader of the party and a former Morsi aide, told the Anadolu Agency.
The powerful military announced Wednesday a roadmap for the future of Egypt which included the suspension of the constitution and naming the head of the constitutional court as interim president.
Nour Party was among the political forces consulted by military chief and Defense Minister Abdel Fattah al-Sisi before announcing the roadmap.
Hundreds of thousands of Morsi loyalists have since taken to the streets to demand his return to power, with at least 91 people killed in a week of violence between supporters and opponents.
"The initiative provides a safe exit for the president and an amendment to the roadmap," said Allam El-Dine, refusing to elaborate.
Morsi is facing charges of inciting violence against protesters.
"We are negotiating with all parties but the FJP's position is very stiff," said the Nour party leader, noting that the FJP could not be ignored in any political equation.
"The other parties are also not showing flexibility because of their perceived victory over Morsi."