Trump Announces $10 Billion U.S. Gift for New 'Board of Peace' Meeting in Washington

The U.S. is giving $10 billion to a new peace group. This is a very large amount of money for this new plan.
By Newsroom | Politics, World Affairs |

President Donald Trump hosted the first meeting of his newly formed "Board of Peace," announcing a significant $10 billion contribution from the United States to the initiative. The board, presented as a plan to foster peace and stability, particularly in Gaza, has drawn a mixed reaction, with some international partners expressing caution regarding its scope and potential implications for existing global bodies.

The Board of Peace was conceived as part of Trump's 20-point peace plan aimed at resolving the conflict in Gaza. At the inaugural meeting, several nations, including Indonesia, Morocco, Kazakhstan, Kosovo, and Albania, committed to sending troops to support Gaza stabilization efforts. The U.S. contribution of $10 billion is a central component of the funding for this new body.

Trump Hosts Inaugural 'Board of Peace' Meeting, Announces $10 Billion U.S. Contribution - 1

Formation and Purpose of the Board of Peace

President Trump has introduced the Board of Peace as a key element of his foreign policy agenda. The board's stated objective is to facilitate peace and provide a platform for international cooperation, with an initial focus on the situation in Gaza.

Read More: Indian Americans Disapprove Trump's First Year, But Democrats See Few Gains

  • Origin: The board emerged from Trump's 20-point peace plan designed to address the Gaza conflict.

  • U.S. Commitment: The United States has pledged $10 billion to support the board's operations and initiatives.

  • Troop Contributions: Nations such as Indonesia, Morocco, Kazakhstan, Kosovo, and Albania have agreed to provide troops for a Gaza stabilization force.

  • International Engagement: Invitations to join the Board of Peace have been extended to several world leaders and countries, including Hungary, India, Jordan, Greece, Cyprus, and Pakistan.

Appointed Officials and Funding Structure

The structure of the Board of Peace includes a designated executive board with various appointees from the U.S. administration and international organizations. The financial framework for the board is still under development, with proposals for member contributions.

Trump Hosts Inaugural 'Board of Peace' Meeting, Announces $10 Billion U.S. Contribution - 2

  • Executive Board Appointees: Key figures named include U.S. Secretary of State Marco Rubio, U.S. special envoy Steve Witkoff, Jared Kushner, former UK Prime Minister Tony Blair, Apollo Global Management CEO Marc Rowan, World Bank President Ajay Banga, and U.S. deputy national security advisor Robert Gabriel.

  • Proposed Membership Fees: A draft charter suggests that nations may be asked to pay $1 billion to maintain permanent seats on the Board of Peace.

  • Funding Uncertainty: The exact location and management of funds collected from Board of Peace members remain unspecified.

International Reactions and Concerns

While some nations have pledged support and troop contributions, there are indications of apprehension among certain U.S. allies. Concerns have been raised about the potential for the Board of Peace to operate as a separate entity, possibly creating a rival to established international organizations like the United Nations.

  • Wary Allies: Some U.S. allies have expressed reservations about the formation of the new body.

  • Relationship with the UN: Trump has stated that the Board of Peace would help make the UN more viable, while critics suggest it could function as a parallel or competing structure.

  • Fragile Ceasefire: The context of the Gaza ceasefire deal, described as fragile, adds another layer to the international community's reception of the board.

Iran and Future Decisions

During discussions related to the Board of Peace meeting, President Trump also alluded to a potential decision regarding Iran, suggesting a timeline of within the next 10 days.

  • Iran Decision: Trump indicated that a decision concerning Iran could be made "over the next 10 days."

  • Conditional Statements: He made statements suggesting consequences for nations not adhering to certain directives, stating, "Because if you do, you’re out of here."

Sources

Frequently Asked Questions

Q: What did Donald Trump announce at the 'Board of Peace' meeting in Washington?
Donald Trump announced that the United States will give $10 billion to the new 'Board of Peace' initiative. This group aims to help bring peace, especially in Gaza.
Q: Which countries will send troops to help with peace in Gaza?
Indonesia, Morocco, Kazakhstan, Kosovo, and Albania have agreed to send soldiers to help stabilize Gaza. This is part of the plan discussed at the meeting.
Q: How much might countries have to pay to be part of the 'Board of Peace'?
A draft plan suggests that countries may need to pay $1 billion to have a permanent seat on the Board of Peace. This money would help fund the group's work.
Q: What are some concerns about the new 'Board of Peace'?
Some countries are worried that the new Board of Peace might be separate from or compete with the United Nations. They are watching to see how it will work with existing global groups.
Q: When might Donald Trump make a decision about Iran?
Donald Trump said he might make a decision about Iran in the next 10 days. He also said that countries not following certain rules might be excluded from programs.