US President Donald Trump delivers remarks to the United Nations Basic Meeting on the UN headquarters in New York Metropolis on September 23, 2025.
Timothy A. Clary | Afp | Getty Photos
The Trump administration needs nations to pay $1 billion to stay on the Board of Peace, Bloomberg first reported on Saturday night time, citing a draft constitution for the proposed group.
The Board of Peace is a world physique that was endorsed by the United Nations Safety Council in November 2025. The board was established to supervise the Israel-Hamas ceasefire.
U.S. President Donald Trump is predicted to function the group’s inaugural chairman, and he’ll select which members to ask, in accordance with the draft seen by Bloomberg. Whereas a majority vote would make choices, the chairman would have closing approval.
Member states would serve a three-year time period on the board, however may safe a everlasting seat by paying $1 billion money throughout the first 12 months of the constitution’s begin, in accordance with the draft.
A U.S. official informed CNBC there is no such thing as a price to affix the Board of Peace, however the $1 billion contribution would safe everlasting membership. The group’s mandate is to “rebuild all of Gaza,” and “nearly each greenback” raised could be spent on that mandate. The group will function with out “exorbitant salaries and big administrative bloat,” the official mentioned.
It is unclear the place the funds collected from Board of Peace members could be held.
Trump has invited quite a lot of world leaders, together with Canadian Prime Minister Mark Carney and Argentine President Javier Milei, to affix the Board of Peace for Gaza, which will likely be a part of the bigger Board of Peace, Bloomberg reported Saturday.
A number of different nations, together with Hungary, India, Jordan, Greece, Cyprus and Pakistan confirmed Board of Peace invites, AP Information reported on Sunday.
Turkey, Egypt, Paraguay and Albania had beforehand been invited. The total record may very well be introduced by the U.S. within the coming days, the Related Press reported.
Underneath Trump’s management, the group has additionally created a founding government board to “oversee an outlined portfolio important to Gaza’s stabilization and long-term success,” the White Home mentioned in a press release on Friday.
Government board appointees embody U.S. Secretary of State Marco Rubio, U.S. particular envoy Steve Witkoff, Trump’s son-in-law Jared Kushner, former United Kingdom Prime Minister Tony Blair, Apollo World Administration CEO Marc Rowan, World Financial institution President Ajay Banga, and U.S. deputy nationwide safety advisor Robert Gabriel.
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