Tuesday, 02 January 2024 12:17 GMT

Trump to sign charter of "Board of Peace" during ceremony in Davos


(MENAFN) US President Donald Trump is expected to formally unveil and sign the charter establishing the “Board of Peace” during an official event in Davos, Switzerland, scheduled for Thursday morning.

The signing ceremony is set to begin at 0930 GMT and will mark the public launch of the initiative, which was originally designed to oversee the Gaza ceasefire and guide post-war reconstruction efforts. Since its initial conception, the body has evolved into a wider international mechanism aimed at mediating conflicts beyond a single region.

US officials involved in the initiative said that participation has already drawn significant international interest. “I think we have north of 20, maybe 25 world leaders who have already accepted,” the US special envoy said in a televised interview on Wednesday.

A number of countries from the Middle East have agreed to take part, including Israel, Saudi Arabia, the United Arab Emirates, Bahrain, Jordan, Qatar, and Egypt. Several NATO members, among them Türkiye and Hungary, have also joined, alongside other states from different regions such as Morocco, Pakistan, Indonesia, Kosovo, Kazakhstan, Uzbekistan, Vietnam, Argentina, Armenia, Azerbaijan, and Belarus.

The establishment of the Board of Peace was announced last week together with the approval of a National Committee for the Administration of Gaza, one of four entities assigned to manage the enclave’s transitional phase.

The timing of the board’s creation coincided with the start of the second phase of a ceasefire arrangement that brought an end to Israel’s military campaign in Gaza, which has killed more than 71,000 people and left over 171,000 injured since October 2023.

The new body is expected to function as an international peacebuilding organization with a mandate extending well beyond Gaza. It is anticipated that Trump will serve as the board’s lifetime chair.

Officials indicated that countries invited to join were informed that permanent membership would require a financial contribution of at least $1 billion within the first year. Under the draft charter, participating states would initially receive three-year terms, while permanent seats would be allocated to those meeting the funding requirement.

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