politics

January 22, 2026

IN BRIEF: What is known about establishment of Board of Peace

Leaders and representatives of 19 countries signed the charter, alongside US President Donald Trump

IN BRIEF: What is known about establishment of Board of Peace

TL;DR

  • The Board of Peace was officially established in Davos, Switzerland.
  • 19 countries signed the charter, including Azerbaijan, Argentina, Armenia, Bahrain, Bulgaria, Hungary, Indonesia, Jordan, Kazakhstan, Qatar, Morocco, Mongolia, the UAE, Pakistan, Paraguay, Saudi Arabia, Turkey, Uzbekistan, and Kosovo.
  • US President Donald Trump will chair the board.
  • The board is intended to assume governance of the Gaza Strip per agreements between Israel and Hamas.
  • US Special Envoy Steve Witkoff stated the Board will operate in other regions as well.
  • Membership is for a maximum of three years, with permanent membership granted for a $1 billion or more entry fee.
  • Decisions require a majority vote and final approval by the chairman.
  • Russian President Vladimir Putin received an invitation and is studying the proposal.
  • Russia is ready to allocate $1 billion to the Board for Gaza's restoration and solving Palestine's problems.