Trump Pledges $10 Billion for New 'Board of Peace'

Feb 19, 2026

66 min

Feb 19, 2026 16:30

Trump says US to give $10 billion to new 'Board of Peace'

## Initiative Launch

President Donald Trump has announced a $10 billion commitment from the United States to establish a new "Board of Peace." This initiative, which aims to focus initially on Gaza, was unveiled during a meeting at the US Institute of Peace in Washington, DC.

## Global Participation

The launch event saw participation from around two dozen international allies, including representatives from the UAE and Indonesia. The initiative follows a ceasefire negotiated by the Trump administration with Qatar and Egypt to end two years of conflict in Gaza.

## Goals and Criticisms

The "Board of Peace" aims to rebuild Gaza and disarm Hamas, but details on fund allocation remain unclear. Critics have raised concerns about the initiative's transparency and its overlap with existing international bodies like the United Nations.

## International Involvement

Indonesia has expressed readiness to contribute up to 8,000 troops to a proposed International Stabilization Force for Gaza. The meeting also included leaders like Hungarian Prime Minister Viktor Orban and Argentina's President Javier Millei, highlighting the diverse international interest in the project.

## Future Plans

Trump, who retains veto power over the board, has indicated that countries wishing to maintain permanent membership must contribute $1 billion. The initiative is part of a broader effort to secure peace deals in the region, amidst ongoing tensions with Iran.

Read the full story at the source

What you need to know to get Emirates ID?

Leave your details and get a guide as a gift to avoid mistakes

Article contents