US Sets $1 Billion Contribution Requirement for Permanent Membership on Gaza Board of Peace

The United States has informed nations interested in securing a permanent seat on the newly established Gaza Board of Peace (BoP) that a minimum contribution of $1 billion is required. The BoP is tasked with overseeing the reconstruction of the Gaza Strip and ensuring the disarmament of Hamas. According to a draft charter, member states are typically limited to three-year terms, but this restriction does not apply to those contributing over $1 billion within the first year of the charter's enactment. The charter describes the BoP 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." The BoP will become official once three member states agree to the proposed charter. The White House has announced that U.S. Secretary of State Marco Rubio, U.S. Special Envoy Steve Witkoff, Jared Kushner, and former British Prime Minister Tony Blair will be among the founding members of the BoP. Leaders from more than 60 countries have been invited to join the board. Reports indicate that Canadian Prime Minister Mark Carney has accepted an invitation to join, while Turkish President Recep Tayyip Erdogan and Egyptian President Abdel Fattah El-Sisi are also among the potential members. Argentine President Javier Milei has confirmed his acceptance of the invitation to serve on the BoP.