Trump tells first meeting of Board of Peace that $7 billion raised for Gaza
Trump tells first meeting of Board of Peace that $7 billion raised for Gaza
By Trevor Hunnicutt, Simon Lewis and Steve HollandThu, February 19, 2026 at 5:02 PM UTC
4
1 / 0Inaugural meeting of the Board of Peace, in WashingtonU.S President Donald Trump speaks at the inaugural Board of Peace meeting at the U.S. Institute of Peace in Washington, D.C., U.S., February 19, 2026. REUTERS/Kevin Lamarque TPX IMAGES OF THE DAY
By Trevor Hunnicutt, Simon Lewis and Steve Holland
WASHINGTON, Feb 19 (Reuters) - U.S. President Donald Trump told the first meeting of his Board of Peace on Thursday that nations had contributed $7 billion to a Gaza reconstruction fund that aims to rebuild the enclave once Hamas disarms, an objective that is far from becoming a reality.
The disarmament of Hamas militants and accompanying withdrawal of Israeli troops, the size of the reconstruction fund and the flow of humanitarian aid to the war-battered populace of Gaza are among the major questions likely to test the effectiveness of the board in the months ahead.
In a flurry of announcements at the end of a long, winding speech to representatives from 47 nations, Trump said the United States will contribute $10 billion to the Board of Peace.
He said contributing nations had raised $7 billion as an initial down payment for Gaza reconstruction. Nations contributing included Kazakhstan, Azerbaijan, United Arab Emirates, Morocco, Bahrain, Qatar, Saudi Arabia, Uzbekistan, and Kuwait, he said.
Trump proposed the board in September when he announced his plan to end Israel's war in Gaza. He later made clear the board's remit would expand beyond Gaza to tackle other conflicts worldwide.
Trump said FIFA will raise $75 million for soccer-related projects in Gaza and that the United Nations will chip in $2 billion for humanitarian assistance.
Trump said Norway would host a Board of Peace event, but Norway clarified it was not joining the board.
TRUMP SAYS ANY IRAN DEAL MUST BE MEANINGFUL
The Board of Peace includes Israel but not Palestinian representatives. Trump's suggestion that the Board could eventually address challenges beyond Gaza has stirred anxiety that it could undermine the U.N.'s role as the main platform for global diplomacy and conflict resolution.
"We're going to strengthen the United Nations," Trump said, trying to assuage his critics, even though the United States is in arrears on making payments.
The meeting came as Trump threatens war against Iran and has embarked on a massive military buildup in the region in case Tehran refuses to give up its nuclear program.
Trump said he should know in 10 days whether a deal is possible. "We have to have a meaningful deal," he said.
Advertisement
Trump said several nations are planning to send thousands of troops to participate in an International Stabilization Force that will help keep the peace in Gaza when it eventually deploys.
Indonesian President Prabowo Subianto announced his country would contribute up to 8,000 troops to the force "to make this peace work."
The plan for the force is to begin working in areas Israel controls in the absence of Hamas disarmament. The force, led by a U.S. general with an Indonesian deputy, will start in the Israeli-controlled city of Rafah and train a new police force, eventually aiming to prepare 12,000 police and have 20,000 troops.
Hamas, fearful of Israeli reprisals, has been reluctant to hand over weaponry as part of Trump's 20-point Gaza plan that brought about a fragile ceasefire last October in the two-year Gaza war.
Trump said he hoped the use of force to disarm Hamas would not be necessary. He said Hamas had promised to disarm and it "looks like they're going to be doing that, but we'll have to find out."
Israeli Prime Minister Benjamin Netanyahu said in Israel that Hamas will be disarmed one way or the other. "Very soon, Hamas will face a dilemma - to disarm peacefully or disarmed forcefully," he said.
In Gaza, Hamas spokesperson Hazem Qassem said any international force must "monitor the ceasefire and prevent the (Israeli) occupation from continuing its aggression." Disarmament could be discussed, he said, without directly committing to it.
The event had the feel of a Trump campaign rally, with music blaring from his eclectic playlist that included Elvis Presley and the Beach Boys. Participants received red Trump hats.
Hamas, which has resumed administration of the ruined enclave, says it is ready to hand over to a U.S.-backed committee of Palestinian technocrats led by Ali Shaath, but that Israel has not allowed the group into Gaza. Israel has yet to comment on those assertions.
Nickolay Mladenov, a Bulgarian with a senior role in the Board of Peace, said at the meeting that 2,000 Palestinians have applied to join a new transitional Palestinian police force.
"We have to get this right. There is no plan B for Gaza. Plan B is going back to war. No one here wants that," said U.S. Secretary of State Marco Rubio.
(Reporting By Trevor Hunnicutt, Steve Holland, Simon Lewis, Samia Nakhoul, and Nidal al-Mughrabi; additional reporting by Steven Scheer and Omri Taasan; Editing by Don Durfee, Lincoln Feast, Philippa Fletcher, Rod Nickel)
Source: “AOL Breaking”
