Saudi Foreign Minister Faisal bin Farhan elaborated on his country's preconditions for providing funding for the reconstruction of Gaza during the Munich Security Conference. He emphasized that a genuine end to the conflict is a prerequisite for Saudi Arabia's support. Bin Farhan mentioned the need for clarity on Israel's withdrawal from Gaza, the disarmament of Hamas, and the implementation of all points from the plan aimed at ending the war, indicating that the U.S. is actively working towards these objectives.

The Saudi Foreign Minister expressed optimism that the upcoming first gathering of the Peace Council in Washington next week will bring more clarity to these issues. He suggested that this meeting will help in assessing more accurately what Saudi Arabia can offer not only in terms of reconstruction efforts but also in ensuring a better future for the people of Gaza and Palestinians in general. His comments reflect a cautious approach to international involvement in Gaza's recovery, stressing the importance of political stability first.

In parallel, Israeli Foreign Minister Gideon Sa'ar is set to represent Israel at the summit in Washington, succeeding Prime Minister Benjamin Netanyahu, who recently announced he would not attend. This meeting is termed a "launch event" for the Peace Council, marking its first convening since the signing of its charter in Davos the previous month, indicating a significant step in international efforts to address the ongoing conflict.