President Trump puts $1B price tag on permanent Gaza peace board seats
The White House is calling for countries to contribute $1 billion to gain permanent membership on President Trump’s new Gaza “Board of Peace.” This panel, chaired by Trump himself, will oversee reconstruction efforts in the war-torn Gaza Strip.
According to a draft charter sent to various countries, each member state will serve a term of no more than three years, with the option of renewal by the Chairman. However, countries that contribute more than $1 billion in cash funds within the first year of the charter’s entry into force will be exempt from the three-year term limit.
The White House’s rapid response team clarified that the $1 billion fee is only for countries seeking permanent membership on the board. The funds raised will be used to finance reconstruction efforts in Gaza.
Israeli Prime Minister Benjamin Netanyahu’s office expressed frustration over the composition of the Board of Peace, particularly with the inclusion of countries like Turkey and Qatar. However, the board is moving into phase two of its three-stage Gaza peace plan, which involves Hamas disarming and relinquishing control of the Gaza Strip to international peacekeepers and a new technocratic government overseen by the board.
Dr. Ali Sha’ath, a former Palestinian Authority bureaucrat, has been selected to lead the technocratic government in Gaza. He is tasked with restoring public services, rebuilding civil institutions, and stabilizing daily life in Gaza. Despite Hamas’s reluctance to disarm, the White House remains committed to creating an alternative leadership that is dedicated to peace.
The ultimate goal of the Board of Peace is to empower a new governing body in Gaza that prioritizes peace and stability. By bringing together countries willing to invest in the reconstruction efforts, the board aims to facilitate the transition to a more peaceful and self-sustaining governance model in the region.
