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Trump's 'bold new approach' for 'Gaza Peace Board': $1B contribution
Although the White House has pushed back on reports of a fixed membership fee, it has not ruled out financial contributions

Trump's 'bold new approach' for 'Gaza Peace Board': $1B contribution

Jan 19, 2026
05:47 pm

What's the story

United States President Donald Trump has invited several countries, including India and Australia, to join his "Board of Peace" for Gaza. The board aims to oversee the next steps in Gaza after a ceasefire that started on October 10, 2025. Early media reports mentioned that a contribution of $1 billion guarantees permanent membership on this board, with the funds earmarked for rebuilding Gaza.

Acceptances confirmed

Hungary, Vietnam accept Trump's invitation to 'Board of Peace'

While the White House has pushed back on reports of a fixed membership fee, it stated that permanent membership is offered to countries demonstrating a deep commitment to peace, security, and prosperity, which could include financial contributions. Hungarian Prime Minister Viktor Orban and Vietnam's Communist Party chief To Lam have confirmed their acceptance to join the board. Other countries that have confirmed receiving invitations include Jordan, Greece, Cyprus, Pakistan, Canada, Turkey, Egypt, Paraguay, Argentina, and Albania.

Announcement expected

US to announce official 'Board of Peace' members soon

However, it is still unclear how many countries have been invited in total. The United States is likely to announce the official list of board members at the World Economic Forum meeting in Davos, Switzerland, which will be held between January 19 and 23. The board will oversee key tasks in Gaza, including forming a new Palestinian committee, deploying an international security force, disarming Hamas, and reconstructing the war-torn area.

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Potential rival

'Board of Peace' could rival UN Security Council

Trump's invitation letters stressed that this board would adopt "a bold new approach to resolving global conflict." His letters to world leaders emphasized that the Security Council had endorsed a US 20-point Gaza ceasefire plan, which includes creating this board. This move could potentially rival the UN Security Council, which has been blocked by US vetoes from taking action in Gaza.

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Committee composition

Executive committee includes prominent global figures

The White House also announced an executive committee to implement the board's vision, but Israel objected that it "was not coordinated with Israel and is contrary to its policy." The executive committee comprises high-profile figures such as US Secretary of State Marco Rubio, Trump's envoy Steve Witkoff, Jared Kushner, former British PM Tony Blair, World Bank President Ajay Banga, and Trump's deputy national security adviser Robert Gabriel.

Role

Turkey may have crucial role

The board also features Cyproit-Israeli business owner, Yakir Gabay, who is best known for owning 10 percent of the real estate company, Aroundtown. Representatives from the ceasefire monitors Qatar, Egypt, and Turkey are also present. Turkey's role could be particularly crucial, given its strained relationship with Israel, but good ties with Hamas. Meanwhile, Nickolay Mladenov has been appointed as the High Representative for Gaza as a bridge between the "Board of Peace" and a technocratic committee of Palestinian officials.

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