The United States is seeking ample financial commitments from nations hoping to shape the future of Gaza, as it establishes a new “Peace Council for Gaza” to oversee reconstruction and potential disarmament of Hamas. Reports indicate the U.S. is requesting a minimum $1 billion contribution for long-term membership on the council, raising questions about equitable access and influence in the fragile region. The initiative, framed by some officials as a potential alternative to the United Nations[[3]], comes as over 2,500 buildings remain destroyed in Gaza as the recent ceasefire.
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The United States is reportedly seeking significant financial contributions from countries wishing to join a new international body intended to oversee the rebuilding of Gaza and the disarmament of Hamas. The initiative, which aims to establish a long-term framework for peace in the region, has raised questions about access and influence.
Financial Commitment Sought for Role in Gaza Reconstruction
According to reports from Bloomberg, the U.S. administration has informed nations interested in securing a seat on the “Peace Council for Gaza” that a financial contribution of “at least $1 billion” will be required to maintain membership beyond a three-year period.
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A draft charter for the Peace Council for Gaza, cited by Bloomberg, states that “each member state will serve a term of no more than three years from the date of entry into force of this charter, with the possibility of extension by the chairperson.”
The three-year membership limit, however, will not apply to member states that contribute at least $1 billion to the Peace Council within the first year of the charter’s implementation,” Bloomberg reported.
The document reportedly describes the council as “an international organization whose purpose is to promote stability, restore reliable and lawful governance, and ensure lasting peace in areas affected by or threatened by conflict.” The creation of the Peace Council requires the consent of three “member states,” according to the report.
According to sources at the Financial Times, U.S. officials view the Peace Council as a “potential substitute for the UN,” and “a kind of parallel, unofficial body dealing with conflicts also outside of Gaza.”
The establishment of the Peace Council is part of the implementation of the second phase of the ceasefire in the Gaza Strip. Leaders from over 60 countries have been invited to participate. Donald Trump is expected to lead the council, with Marco Rubio, Steve Witkoff, Jared Kushner, and Tony Blair also named as potential members, according to a statement released by the White House on Saturday.
