WASHINGTON — President Donald Trump today announced a $10 billion U.S. commitment to the newly established Board of Peace, convening heads of state and representatives from more than 40 nations at the organization’s inaugural meeting in Washington.
The meeting, held at the recently renamed United States Institute of Peace, marks the formal launch of the U.S.-backed initiative aimed at demilitarizing and rebuilding Gaza while advancing long-term regional stability.
“The United States is proud to lead this historic effort,” President Trump said in opening remarks. “We work together to ensure a brighter future for the people of Gaza, the Middle East, and the entire world.”
In addition to the U.S. commitment, President Trump commended Azerbaijan, the United Arab Emirates, Morocco, Bahrain, Qatar, Saudi Arabia, Uzbekistan, and Kuwait for collectively contributing more than $7 billion to the initiative.
More than 25 Board of Peace member states have pledged financial support for humanitarian and reconstruction efforts in Gaza and committed thousands of personnel to help provide security in the Gaza Strip.
The White House confirmed that more than 40 nations, along with the European Union, sent representatives to the inaugural session, including several countries that have not formally joined as member states.
Participating countries include Albania, Argentina, Armenia, Austria, Azerbaijan, Bahrain, Bulgaria, Cambodia, Croatia, Cyprus, the Czech Republic, Egypt, El Salvador, Finland, Germany, Greece, Hungary, India, Indonesia, Israel, Italy, Japan, Jordan, Kazakhstan, Kosovo, Kuwait, Mexico, Mongolia, Morocco, the Netherlands, Norway, Oman, Pakistan, Paraguay, Poland, Qatar, Romania, Saudi Arabia, Slovakia, South Korea, Switzerland, Thailand, Turkey, the United Arab Emirates, the United Kingdom, Uzbekistan, and Vietnam.
The Board of Peace follows a ceasefire between Israel and Hamas reached last October, which the administration credits with stabilizing the region and enabling expanded humanitarian aid delivery.
President Trump also addressed Iran’s role in regional security, urging Tehran to join the diplomatic effort.
“Now is the time for Iran to join us on a path that will complete what we do,” he said. “They cannot continue to threaten the stability of the entire region, and they must make a deal.”
The President expressed optimism that an agreement with Iran could be reached within 10 days, while warning that failure to do so would carry serious consequences.
The Board of Peace’s founding member states first appeared alongside President Trump at last month’s World Economic Forum in Davos, Switzerland, where the initiative was introduced to global leaders.
The administration says the Board is designed to expand beyond Gaza in the future, serving as a platform for coordinated international peacebuilding efforts.
White House Deputy Press Secretary Anna Kelly said in a statement that the Board “will continue this historic success and prove itself to be the most consequential international body in history.”
