President Donald Trump on Thursday unveiled the "Board of Peace" at the World Economic Forum and said he will personally chair the new body meant to secure a ceasefire in Gaza and help with reconstruction.
The White House said the board will oversee demilitarisation, technocratic governance and rebuilding, and named an initial executive group that includes Marco Rubio, Jared Kushner and Sir Tony Blair.
Trump signed a founding charter in Davos and called the initiative “so important,” saying it could become a major force for peace.
The plan has drawn sharp criticism in the media, with many stating that the board could undermine the United Nations by creating a parallel body for international diplomacy.
The White House insisted the board will work “in cooperation” with the U.N. and other international institutions as it starts fundraising, inspections and planning.
Several European countries have declined to join, but U.S. officials say about 30–35 nations have signalled support.
It is understood that permanent membership of the board would carry heavy fees — with a permanent seat reportedly costing $1 billion.
Next steps, according to the White House, include settling governance rules, legal authority and funding arrangements.