Trump Launches ‘Board of Peace’ with Billion-Dollar buy-In for Gaza reconstruction
U.S.President Donald Trump unveiled his “Board of Peace” on Thursday, an initiative aimed at rebuilding Gaza, as a growing number of nations consider joining the effort.The board’s formation comes as countries worldwide respond to Trump’s invitation to participate, though notable questions remain about its structure and funding.
As of Thursday morning, approximately 35 countries have agreed to join the board, including key Middle Eastern players like Israel, Turkey, Egypt, Saudi Arabia, and Qatar. However, several traditional U.S. allies,such as Canada and European nations,are hesitant to commit to the initiative or its substantial membership fee,according to CBC News.
A draft proposal outlines that securing a permanent seat on the board, which Trump intends to chair for life, requires a minimum contribution of $1 billion US. Other member nations will serve three-year terms.
The White House invited roughly 50 countries to participate, and a White house official told The Associated Press that several nations are still considering the offer.
Key Details of the Board of Peace:
- Purpose: Rebuilding Gaza.
- Chair: Donald Trump (for life, according to the proposal).
- Permanent Seat Cost: $1 billion US.
- Term Length (Non-Permanent Seats): Three years.
- Current Membership: approximately 35 countries, including Israel, Turkey, Egypt, Saudi arabia, and Qatar.
The initiative has sparked debate about its potential effectiveness and the implications of tying international aid to financial contributions. Further details regarding the board’s operational structure and specific reconstruction plans are expected to be released in the coming weeks.
