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Trump's initiative seeks to bring together a cohort of countries to work on peace-building efforts under a charter that emphasises promoting stable governance and long-term peace in conflict-affected regions. Countries that commit $1 billion would secure permanent seats on the board, while those that do not pay could still join for a three-year term. proponents say the funds would be used to rebuild war-torn areas like Gaza and avoid "bureaucratic bloat" seen in other international institutions.

Heavy U.S. engagement with the terrorists risks entrenching their power. | World News

The Board of Peace will focus on governance capacity-building, regional relations, reconstruction, investment and large-scale funding in Gaza.

At least eight more countries have been invited to join President Trump's new Board of Peace, intended to oversee Gaza's next steps and potentially expand its global influence. Hungary and Vietnam have accepted invitations, with a $1 billion contribution securing permanent membership. The board aims to facilitate Gaza's reconstruction and disarmament of Hamas.

In implementation of the directives of Sheikh Saud bin Saqr Al Qasimi, Supreme Council Member and Ruler of Ras Al Khaimah, the Saqr bin Mohammed Al Qasimi Charity and Humanitarian Foundation has commenced loading the 12th Saqr Humanitarian Ship with relief aid at Ras Al Khaimah Port, in cooperation with Operation Chivalrous Knight 3, as part of its humanitarian mission to support the people of the Gaza Strip.

Trump sent a letter to Modi, which the US Ambassador to India, Sergio Gor, shared on social media.