More than 10 countries have signed on to Trump's "Board of Peace," sources say

More than 10 countries have signed on to Trump's "Board of Peace," sources say

CBS News world

Key Points:

  • Over 10 countries have agreed to join President Trump's proposed "Board of Peace" for Gaza, with only five—United Arab Emirates, Belarus, Morocco, Hungary, and Canada—publicly confirming participation so far.
  • Countries can become permanent members by contributing $1 billion, though some may contribute as little as $20 million; Canada has declined to pay for membership.
  • Funds raised for the board will be used exclusively for its Gaza mandate, with separate fundraising efforts planned for Gaza's reconstruction.
  • President Trump aims to announce the board at the World Economic Forum in Davos and is considering expanding its scope beyond Gaza, potentially positioning it as a rival to the United Nations.
  • The initiative faces challenges from U.S. allies