Rebels and the government in the Central African Republic have agreed to form a unity government, with President Francois Bozize remaining in power.

Margaret Vogt, the United Nations' representative in the CAR, outlined the agreement Friday after the sides reached their agreement in Gabon's capital, Libreville.

The deal calls for Mr. Bozize to stay until the end of his term in 2016, with the opposition naming a prime minister who will run a transitional government. Neither the prime minister nor President Bozize would be eligible to run in the next presidential election.

The United Nations Security Council hailed the deal and urged both sides to implement its provisions in good faith. In a statement, the Council also commended what it called the “swift efforts” by the African Union and the Economic Community of the Central African States to resolve the recent crisis.

Rebels in the CAR have seized one-third of the country's territory since beginning an uprising a month ago. The rebels accuse the president of failing to carry out previous peace agreements in 2007 and 2008.

The rebels had announced a one-week cease-fire on Thursday.