President Donald Trump is scheduled to present a billion-dollar plan for the reconstruction of Gaza during the first meeting of the so-called Board of Peace, as reported by Reuters. The meeting will focus on plans for a UN-approved stabilization force in the Palestinian enclave, according to anonymous sources from the U.S. government. Delegations from at least 20 countries, including several head of states, are expected to participate in the meeting, which Trump will chair in Washington.

The establishment of Trump's Board of Peace is a direct consequence of the ceasefire agreement reached between Israel and Hamas last November, which garnered approval from the UN Security Council. Specific details regarding this inaugural meeting have not been disclosed previously, marking it as a significant occasion in the ongoing discussions surrounding peace in the region. Trump officially signed the documents for the Board of Peace's creation during a meeting in Davos on January 23.

This development comes at a crucial time as multiple Middle Eastern countries, including Turkey, Egypt, and Saudi Arabia, are anticipated to engage in dialogue about their roles in the reconstruction efforts. The meeting represents an important step in international efforts to stabilize Gaza and promote long-term peace in the region.