During the launch event, Trump announced a pledge of $10 billion toward the reconstruction of the Gaza Strip, positioning the initiative as a major international effort following the recent ceasefire. Several Muslim-majority countries also committed financial and security support. Leaders from Qatar, Saudi Arabia, and the United Arab Emirates each pledged at least $1 billion, according to officials present at the gathering. The White House Press Secretary later stated that total commitments from participating nations had crossed $6.5 billion, a figure that appeared to exclude the separate US contribution.
The Board of Peace was convened in the aftermath of a ceasefire agreement reached in October following negotiations facilitated by the United States in coordination with Qatar and Egypt. The ceasefire aimed to halt nearly two years of intense conflict in Gaza. Under the proposed second phase of the framework, Hamas is expected to be disarmed as part of broader stabilisation measures. The current war was triggered by Hamas’ October 7, 2023 attack on Israel, which led to a large-scale Israeli military response in the Gaza Strip.
In a notable development, Morocco announced its readiness to contribute police personnel and officers to the newly proposed International Stabilisation Force, marking what officials described as a first-of-its-kind commitment by an Arab nation in the context of the Gaza peace initiative. The move is seen as part of wider efforts to establish security arrangements alongside reconstruction planning.
Prime Minister Narendra Modi was among several global leaders invited by the US President to be associated with the Board of Peace, which was formally announced as part of the second phase of the Israel-Hamas ceasefire framework. India, however, had not been present at the earlier January 22 ceremony in Davos where Trump first unveiled the initiative aimed at fostering long-term peace in Gaza and potentially addressing other global conflicts.
The Board of Peace has drawn attention in diplomatic circles due to perceptions that it could emerge as an alternative multilateral platform. Trump has previously suggested that the body “might” replace the United Nations, arguing that existing global institutions have not fully delivered on their mandates. Observers note that the structure, scope, and long-term objectives of the Board of Peace remain under discussion as participating countries evaluate their roles.
India’s decision to attend as an observer reflects its cautious diplomatic approach to the evolving Middle East situation. Officials have not indicated any immediate plan to formally join the initiative, but New Delhi continues to monitor developments closely as international stakeholders shape the future framework for Gaza’s reconstruction and regional stability.
