Overview
- U.S. officials staged a signing event in Davos as roughly 35 countries committed, including Saudi Arabia, the United Arab Emirates, Egypt, Turkey and Belarus, while Britain said it is not joining now and France, Norway and Sweden declined.
- Israeli Prime Minister Benjamin Netanyahu confirmed participation, and foreign ministers from Qatar, Turkey, Egypt, Jordan, Indonesia, Pakistan, Saudi Arabia and the UAE announced their countries will join, with Russia and China still weighing invitations.
- A draft charter obtained by multiple outlets concentrates authority in the chairman, empowering President Trump to invite members, break voting ties, veto executive decisions and create or dissolve subsidiary entities.
- Membership terms are set at three years unless a state contributes more than $1 billion in the first year to secure a permanent seat, with the White House naming an executive board that includes Marco Rubio, Jared Kushner, Tony Blair, Marc Rowan, Ajay Banga, Steve Witkoff and Robert Gabriel.
- A separate Gaza Executive Board led day to day by Nickolay Mladenov is tasked with implementing the ceasefire’s next phase, including an international force, Hamas disarmament and reconstruction oversight, even as questions persist over the board’s authority relative to the U.N. and a fragile truce on the ground.