{"id":435057,"date":"2026-02-19T23:32:09","date_gmt":"2026-02-19T23:32:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/435057\/"},"modified":"2026-02-19T23:32:09","modified_gmt":"2026-02-19T23:32:09","slug":"donald-trump-announces-10bn-commitment-to-board-of-peace-at-inaugural-meeting","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/435057\/","title":{"rendered":"Donald Trump announces $10bn commitment to Board of Peace at inaugural meeting"},"content":{"rendered":"<p>Donald Trump on Thursday said the US would commit $10bn to his Board of Peace as he inaugurated the controversial body at a meeting where many traditional US allies were absent. <\/p>\n<p>The US president also claimed Kazakhstan, Azerbaijan, the United Arab Emirates, Morocco, Bahrain, Qatar, Saudi Arabia, Uzbekistan and Kuwait had committed $7bn more for Gaza relief. <\/p>\n<p>\u201cI want to thank every nation that helped us achieve this monumental breakthrough, saving countless lives and really bringing peace and bringing the concept of peace,\u201d <a href=\"https:\/\/www.ft.com\/donald-trump\" title=\"\" data-trackable=\"link\" rel=\"nofollow noopener\" target=\"_blank\">Trump<\/a> said. \u201cWe have peace in the Middle East\u2009.\u2009.\u2009.\u2009The war in Gaza is over.\u201d <\/p>\n<p>The board was conceived to oversee the ceasefire in Gaza, but US officials have suggested it could rival the UN while the White House has promoted it as the answer to decades of <a href=\"https:\/\/www.ft.com\/middle-east-war\" title=\"\" data-trackable=\"link\" rel=\"nofollow noopener\" target=\"_blank\">conflict in the Middle East<\/a>. <\/p>\n<p>Joined by leaders of increasingly prominent US allies including Kazakhstan, Indonesia and Azerbaijan, the Trump administration played a promotional video produced by football\u2019s governing body Fifa that proclaimed a \u201cnew dawn for Gaza\u201d. <\/p>\n<p>The video featured AI-generated images of green parks, futuristic high rises and residences with glass balconies. The leaders of Canada, the UK, Australia and France did not attend.<\/p>\n<p>Trump has cast the board as a collective guarantor of Gaza\u2019s redevelopment after he brokered an October ceasefire to end two years of fighting between Israel and Hamas.<\/p>\n<p>But the concept has drawn fire for its broad exclusion of Palestinians and its failure to address critical issues such as Israel\u2019s continued occupation, bombardment and blockade of Gaza and a clear plan to disarm the militant group Hamas.<\/p>\n<p>On stage at the building formerly known as the US Institute of Peace \u2014 renamed the Donald J Trump Institute of Peace \u2014 the president congratulated participants ranging from the president of Paraguay to his son-in-law Jared Kushner and Tony Blair, the former UK prime minister, for their \u201cbreakthrough\u201d.<\/p>\n<p>Along with the financial pledges, Egypt and Jordan would train a future Palestinian police force to secure Gaza, Trump said. Indonesia, Morocco, Kazakhstan, Kosovo and Albania had committed to sending potentially thousands of troops to help secure the enclave if necessary.<\/p>\n<p>\u201cFifa will be helping to raise a total of $75mn for projects in Gaza, and I think they\u2019re soccer-related,\u201d Trump added.<\/p>\n<p>The promotional video, the latest in a series of such productions on Gaza displayed by Trump and his senior officials, showed images that Palestinians say are profoundly at odds with reality on the ground in the strip.<\/p>\n<p>Within the enclave, more than 500 people have been killed in the four months since the ceasefire, while children sheltering in makeshift tents have continued to die from cold and complications from malnutrition.<\/p>\n<p>\u201cIt feels surreal to watch somebody talk about you, but you\u2019re not in the conversation, and they\u2019re making plans,\u201d said Hani Almadhoun, the Palestinian-American founder of the Gaza Soup Kitchen, who was not in attendance.<\/p>\n<p>Ali Shaath, who chairs the US-created National Committee for the Administration of Gaza, represented the sole voice of Palestinians in the room. <\/p>\n<p>\u201cWe are operating in extremely difficult conditions,\u201d he said. \u201cHumanitarian needs are acute.\u201d<\/p>\n<p>The meeting was also emblematic of the new world order that Trump has sought to cultivate, in which peace, trade and the exchange of money are intertwined.<\/p>\n<p>In a rambling 47-minute address on Thursday, Trump emphasised the benefits of being in his favour, the power of his office \u2014 and the risks of ignoring his threats.<\/p>\n<p>The meeting comes as the president is amassing the largest military build-up in the Middle East since the 2003 US invasion of Iraq and <a href=\"https:\/\/www.ft.com\/content\/624bc787-21fc-447e-91f2-62a38c0ce9ff\" title=\"\" data-trackable=\"link\" rel=\"nofollow noopener\" target=\"_blank\">threatening strikes on Iran<\/a> in an attempt to push Tehran to make concessions on its nuclear programme, its ballistic missiles and its support for regional militant groups.<\/p>\n<p>If Iran failed to make a deal, \u201cbad things will happen\u201d, he said on Thursday.<\/p>\n<p>But good things happened to those he likes, he noted.<\/p>\n<p>\u201cYou know, I\u2019ve had a very good record of endorsing candidates within the United States, but now I endorse foreign leaders,\u201d he said, pointing to the Hungarian strongman Viktor Orb\u00e1n, seated on stage.<\/p>\n<p>Argentina\u2019s President Javier Milei, seated nearby, had been \u201ca little behind in the polls\u201d until Trump endorsed him, and then \u201cended up winning in a landslide\u201d, Trump added.<\/p>\n<p>Now major world powers had the opportunity to take part in \u201cthe most prestigious board ever put together\u201d, Trump said.<\/p>\n<p>\u201cI believe it\u2019s the most consequential board. Certainly in terms of power and in terms of prestige, there\u2019s never been anything close.\u201d<\/p>\n<p>Hungary and Bulgaria were the only EU nations to join the board as founding members.<\/p>\n<p>Most EU states have rejected the invitation, where a $1bn fee secures lifetime membership. European leaders have worried the Trump-led entity could usurp the role of the UN.<\/p>\n<p>\u201cAs long as there is ambiguity about [the board\u2019s] scope, France cannot participate, quite simply,\u201d the French foreign ministry said in a statement on Thursday. <\/p>\n<p>But Trump suggested eventually \u201ceverybody\u201d would be compelled to join. \u201cYou can\u2019t play cute with me,\u201d he said.<\/p>\n<p class=\"n-content-recommended__title o3-type-body-highlight\">Recommended<\/p>\n<p><a href=\"https:\/\/www.ft.com\/content\/98265a0f-e337-4f36-885b-302c9881a3fc\" data-trackable=\"image-link\" data-trackable-context-story-link=\"image-link\" tabindex=\"-1\" aria-hidden=\"true\" rel=\"nofollow noopener\" target=\"_blank\"><img decoding=\"async\" class=\"o-teaser__image\" src=\"https:\/\/www.newsbeep.com\/uk\/wp-content\/uploads\/2026\/02\/https:\/\/images.ft.com\/v3\/image\/raw\/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2F3f5986.jpeg\" alt=\"A man and a young girl repair a damaged home with mud amid rubble and destroyed buildings in Khan Younis, Gaza.\"\/><\/a><\/p>\n<p>Dubravka \u0160uica, the bloc\u2019s commissioner for the Mediterranean, who chose to attend Thursday\u2019s meeting as an observer, described the board as \u201cvery pragmatic\u201d in an interview with the FT. She defended her attendance while cautioning that the funds pledged were still \u201cnot enough\u201d for the reconstruction of Gaza.<\/p>\n<p>\u201cI think that our generation has a responsibility to resolve\u201d the conflict, she said. <\/p>\n<p>On funds pledged through the board, Ajay Banga, president of the World Bank Group, said the bank would serve as \u201ca limited trustee\u201d for the new Gaza Reconstruction and Development Fund, which will receive the donations. Under the board\u2019s direction, the fund will then \u201cdisperse the money for reconstruction and development projects in Gaza\u201d, Banga said.<\/p>\n<p>Additional reporting by Neri Zilber in Tel Aviv<\/p>\n","protected":false},"excerpt":{"rendered":"Donald Trump on Thursday said the US would commit $10bn to his Board of Peace as he inaugurated&hellip;\n","protected":false},"author":2,"featured_media":435058,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[49,50,51,47,52,48],"class_list":["post-435057","post","type-post","status-publish","format-standard","has-post-thumbnail","category-headlines","tag-headlines","tag-news","tag-top-news","tag-top-stories","tag-topnews","tag-topstories"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/435057","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=435057"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/435057\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/435058"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=435057"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=435057"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=435057"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}