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President Donald Trump is set to announce a multi-billion dollar Gaza reconstruction plan and outline the deployment of a United Nations-authorized stabilization force during the first formal meeting of his newly formed Board of Peace. The high-level summit will take place in Washington, D.C., on February 19 and is expected to draw delegations from at least 20 countries, including several heads of state.
According to two senior U.S. officials, the Board of Peace was established by Trump in January during the World Economic Forum in Davos, Switzerland. Its creation was endorsed by a United Nations Security Council resolution as part of a broader Gaza peace plan introduced in September. The initiative aims to support long-term stability in the Palestinian enclave following a fragile ceasefire that began on October 10, ending two years of conflict between Israel and Hamas.
A central focus of the meeting will be the launch of a multi-billion dollar Gaza aid fund, with financial contributions pledged by participating nations. U.S. officials described the offers as “generous,” noting that Washington did not formally solicit donations. President Trump is expected to provide details on the total funds raised and outline how the money will support infrastructure rebuilding, humanitarian relief, and economic recovery in Gaza.
Another key component of the plan is the deployment of an International Stabilization Force, with several countries committing thousands of troops. The force is intended to help maintain security and oversee the transition of governance from Hamas to the newly formed National Committee for the Administration of Gaza.
Under the proposal, Hamas members who agree to disarm and commit to peaceful coexistence may receive amnesty, while those choosing to leave Gaza could be granted safe passage to other countries. Israeli Prime Minister Benjamin Netanyahu confirmed that Israel has joined the Board of Peace.
While some Middle Eastern nations, including Turkey, Egypt, Saudi Arabia, Qatar, and Indonesia, have joined the initiative, several Western allies remain cautious. U.S. officials emphasized that the upcoming meeting will focus exclusively on Gaza stabilization, reconstruction, and humanitarian aid efforts.
