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Trump Convenes First Board of Peace Meeting in Washington With $5 Billion in Pledges

The Trump-led body begins work under a UN-backed Gaza plan with pledges far below the roughly $70 billion reconstruction need.

Overview

  • The White House says members committed over $5 billion for Gaza and signaled personnel for a stabilization force, with Indonesia publicly offering 8,000 troops.
  • Italy is attending as an observer represented by Foreign Minister Antonio Tajani, while the European Commission sent Dubravka Šuica and the Vatican declined to participate.
  • The administration called the Holy See’s absence deeply regrettable and defended the Board as legitimate, even as European participation remains uneven.
  • Created within the framework of UN Security Council resolution 2803, the Board is tasked to mobilize funding, manage reconstruction, and oversee security for Gaza.
  • The Board’s statute centralizes authority in Trump, grants permanent seats to contributors of $1 billion, and leaves unresolved questions over governance, force composition, and legal legitimacy.