Bloomberg obtained a draft charter for a proposed "Board of Peace" to help reconstruct Gaza and names Donald Trump as its first chairman. The draft would exempt nations from a three-year membership limit if they contribute at least $1 billion in cash within the first year. It grants the chairman control over invitations, finances, the board’s seal, and the power to appoint a successor. Critics worry the body could function as a rival to the United Nations, and several countries reportedly oppose the proposal.
Bloomberg: Trump’s Draft 'Board of Peace' Would Require $1 Billion For Permanent Seats
Bloomberg obtained a draft charter for a proposed "Board of Peace" that would oversee reconstruction in Gaza and names former President Donald Trump as its inaugural chairman. According to the draft, countries seeking a permanent seat would need to contribute at least $1 billion in cash within the first year to avoid a standard three-year membership limit.
What the Draft Charter Says
The document describes the initiative as "an international organization that seeks to promote stability, restore dependable and lawful governance, and secure enduring peace in areas affected or threatened by conflict." It says the board becomes official "once three member states agree to the charter."
"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. 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."
Chairman’s Powers and Governance
The draft would appoint Trump as the board’s first chairman and gives the chairman substantial authorities, including selecting which nations are invited to join, approving decisions made by majority vote, controlling the board’s finances and official seal, and the ability "at all times" to designate a successor.
Personnel Named
The White House announcement accompanying the draft said three of Trump’s diplomatic advisers would serve on the board: Secretary of State Marco Rubio, special envoy Steve Witkoff, and Jared Kushner, the president’s son-in-law.
Reaction and Concerns
Sources quoted by Bloomberg said many countries would find centralized control of funds and selection power unacceptable. Critics warn the board could be intended as an alternative or rival to the United Nations, an institution Trump has long criticized. Bloomberg also reported that several nations are strongly opposed to the draft and are coordinating pushback.
Note: The charter described by Bloomberg is a draft and its provisions, including membership requirements and governance structure, could change before any formal launch.
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