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Gaza: Trump demands $1billion for a permanent seat of ‘Board of Peace’

by Honesty Victor
January 19, 2026
Reading Time: 2 mins read
US makes first sale of Venezuelan oil

US President Donald Trump appointed himself chairman of the ‘Board of Peace’

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US President Donald Trump’s ‘Board of Peace’, constituted to oversee the reconstruction and rehabilitation of war-torn Gaza, requires members to contribute $1 billion for a permanent seat. Trump had appointed himself chairman of the board.

A draft charter of the Board of Peace was sent to about 60 countries by the Trump administration, reportedly calling for members to contribute €860 million in cash if they wanted their membership to last more than three years.

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On Sunday, excerpts accessed by international news agencies said the US administration demanded that each member state “shall serve a term of no more than three years from this Charter’s entry into force, subject to renewal by the Chairman (Donald Trump)”.

However, the three-year membership term “shall not apply to Member States that contribute more than USD $1,000,000,000 in cash funds to the Board of Peace within the first year of the Charter’s entry into force”, it further clarified.

White House officials later confirmed that there was no minimum membership fee to join the Board of Peace, and that many nations from the Islamic world could join.

A White House post on X read: “This simply offers permanent membership to partner countries who demonstrate deep commitment to peace, security, and prosperity.”

On Friday, Trump announced some members of the Board of Peace, who will be tasked with overseeing the transitional government in the enclave.

According to the White House statement, the board comprises three parts: a main board led by President Trump, an executive board comprising Turkish and Qatari officials, and a Palestinian committee that includes technocrats responsible for governing the Gaza Strip.

Members of the main board include US Secretary of State, Marco Rubio; Trump’s special envoy, Steve Witkoff; Trump’s son-in-law, Jared Kushner; former UK Prime Minister, Tony Blair; billionaire US financier, Marc Rowan; World Bank president, Ajay Banga; and Robert Gabriel, a Trump aide on the National Security Council.

Several other world leaders, including Indian Prime Minister Narendra Modi, Pakistan Prime Minister Shehbaz Sharif, Argentine President Javier Milei, Canadian Prime Minister Mark Carney, Egyptian President Abdel Fatah al-Sisi, Hungarian Prime Minister Viktor Orban, Italian Prime Minister Giorgia Meloni, and Jordanian King Abdullah II, have said they were invited to join the executive board.

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