The issue of establishing a Board of Peace has been discussed since the ceasefire in the Gaza sector. According to Trump's plan at the time, the second stage of peace envisioned the creation of a temporary Palestinian committee accountable to a special international body headed by Trump himself – the Board of Peace – to administer Gaza.
According to the Board of Peace charter, the membership term for each invited state should not exceed three years. However, this limit does not apply to those who contribute more than one billion dollars to the Board's fund within the first year.
One American official confirmed to journalists that while joining the Board of Peace is free, the billion-dollar fee guarantees permanent membership. According to Bloomberg's source, the funds will be directed towards fulfilling the Board's mandate to rebuild Gaza. According to them, the Board of Peace ensures that "virtually every dollar raised" is used for its intended purpose.
The first chairman of the Board of Peace will be Trump himself. He will decide whom to invite there, writes Bloomberg. Decisions are made by majority vote (one country – one vote), but all these decisions must be approved by the chairman. The Board votes at least once a year, as well as at "additional times and places as the chairman deems appropriate." The agenda is also approved by the chairman. Furthermore, the draft charter states that Trump will have the right to expel Board members (unless this decision is blocked by a two-thirds vote).
The document describes the Board of Peace as "an international organization striving to promote stability, restore credible and lawful governance, and ensure a durable peace in regions affected by or under threat of conflict." Trump's critics, however, are concerned that the US president is trying to create a counterpart or competitor to the UN. A number of states are sharply opposing this draft Board charter and are working on a collective response to these proposals, writes Bloomberg. It is not specified which states these are.
