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Trump Says Board of Peace Has Secured $5 Billion for Gaza Ahead of Feb. 19 Summit

Major allies remain wary, with funding specifics and force composition yet to be made public.

Overview

  • Trump says member states will formally announce the pledges and personnel commitments at the inaugural meeting in Washington at the Donald J. Trump Institute of Peace.
  • The Board of Peace’s Gaza role stems from a UN Security Council resolution that endorsed international cooperation on a stabilization force tied to the ceasefire framework.
  • Indonesia is the first to detail potential troop contributions, saying up to 8,000 personnel could be ready by June for a humanitarian and peace mission.
  • Reconstruction needs are estimated at about $70 billion by the UN, World Bank and EU, highlighting a large gap between requirements and the more than $5 billion in pledges.
  • Participation remains uneven, with several Western governments declining over concerns about the board’s structure, chair powers and a $1 billion permanent-seat fee, and Israel will be represented by Foreign Minister Gideon Sa’ar rather than Prime Minister Benjamin Netanyahu.