Trump wants $1 billion per member to stay on Board of Peace
U.S. President Donald Trump delivers remarks to the United Nations General Assembly at UN headquarters in New York City on September 23, 2025.
Timothy A. Clary | Afp | Getty Images
It was stated that the Trump administration wants nations to pay $1 billion to remain on the Peace Board, citing the draft charter for the group that Bloomberg proposed on Saturday night.
The Peace Board is an international body approved by the United Nations Security Council in November 2025. The board was established to monitor the Israel-Hamas ceasefire.
US President Donald Trump is expected to serve as the group’s first chairman and will choose which members to invite, according to the draft seen by Bloomberg. While a majority vote would make decisions, final approval would rest with the president.
According to the draft, member states will serve on the board for three years, but can obtain a permanent seat by paying $1 billion in cash within the first year from the start of the agreement.
A US official told CNBC that there is no cost to join the Peace Board, but a $1 billion contribution would secure permanent membership. The group’s mission is to “reconstruct all of Gaza” and “nearly every dollar” raised will be spent on this mission. The group will operate without “exorbitant salaries and huge administrative bloat,” the official said.
It is unclear where the funds collected from Peace Board members will be kept.
Trump invited many world leaders, including Canadian Prime Minister Mark Carney. Argentinian President Javier MileiHe will join the Gaza Peace Board, which will be part of the larger Peace Board, Bloomberg reported on Saturday.
Some other countries including Hungary, India, Jordan, Greece, Cyprus and Pakistan The Peace Board approved their invitationAP News reported Sunday.
Türkiye, Egypt, Paraguay and Albania were previously invited. According to the Associated Press, the full list may be announced by the USA in the coming days.
The group also formed a group under Trump’s leadership. founding board of directors “Oversee a defined portfolio that is critical to the stability and long-term success of Gaza,” the White House said in a statement Friday.
Those appointed to the board of directors include US Secretary of State Marco Rubio, US special envoy Steve Witkoff, Trump’s son-in-law Jared Kushner, and former UK Prime Minister Tony Blair. Apollo Global Management CEO Marc Rowan, World Bank President Ajay Banga and US deputy national security adviser Robert Gabriel.
