Trump Announces Over $5 Billion in Pledges for Board of Peace's Gaza Efforts
U.S. President Donald Trump has revealed that the founding members of his newly established Board of Peace have committed more than $5 billion towards humanitarian and reconstruction initiatives in Gaza. This significant financial backing marks a robust start for the international body, which Trump chairs and aims to position as a pivotal force in global affairs.
First Meeting and Key Objectives
The Board of Peace is scheduled to hold its inaugural meeting on February 19 in Washington, D.C.. During this gathering, the pledged funds will be formally confirmed, and thousands of personnel are expected to commit to stabilizing and enhancing security in Gaza. Trump emphasized the importance of Hamas adhering to its promise of "Full and Immediate Demilitarization" in a recent social media post, underscoring the board's focus on sustainable peace.
Background and Formation
The Board of Peace was first introduced last month at the World Economic Forum in Davos, Switzerland, where Trump expressed his ambition for the group to become a formidable counterpart to the United Nations. According to a draft charter reported by Bloomberg, countries were asked to contribute at least $1 billion for a permanent seat on the board, highlighting its high-stakes nature.
The board's creation stems from Trump's 20-point plan, which played a crucial role in brokering a ceasefire between Israel and Hamas in October. Its primary mission is to develop a future framework for the Gaza Strip, addressing long-term stability and recovery.
International Participation and Support
The announcement in Davos saw support from various political allies, including:
- Argentine President Javier Milei
- Hungarian Prime Minister Viktor Orban
- Representatives from Bahrain, Morocco, Azerbaijan, Bulgaria, Pakistan, Saudi Arabia, Turkey, the United Arab Emirates, and Uzbekistan
Italian Prime Minister Giorgia Meloni has indicated she will likely attend the February 19 meeting as an observer, reflecting growing international interest. Trump has touted the board's potential, stating in a post, "The Board of Peace will prove to be the most consequential International Body in History, and it is my honour to serve as its Chairman."
Future Prospects and Challenges
With unlimited potential, as Trump describes it, the Board of Peace faces the daunting task of translating pledges into actionable aid. The board's vision, which was unanimously adopted by the United Nations Security Council last October, includes facilitating humanitarian assistance at record speed. However, success will depend on sustained commitment from member nations and effective on-ground implementation in Gaza.
As the world watches, the Board of Peace's upcoming meeting will be a critical test of its ability to deliver on its promises and reshape international diplomacy in conflict zones.
