$17 Billion in Commitments from First Meeting of Peace Council for Gaza Reconstruction
The first meeting of the Peace Council, chaired by President Donald Trump, resulted in commitments totaling $17 billion for the reconstruction of Gaza, with $10 billion coming from the United States.
In a significant move to aid the reconstruction of Gaza, President Donald Trump announced at the inaugural meeting of the Peace Council that the United States would contribute $10 billion as part of a total of $17 billion pledged by various nations. This council aims to establish a framework for international cooperation to address and solve the challenges faced in the region, particularly regarding stability and security following ongoing conflicts. The commitments come amid rising skepticism about the council's operational mechanisms and legal status in the international community.
Participants at the meeting included nations such as Saudi Arabia, Qatar, the UAE, Kazakhstan, Azerbaijan, Morocco, Bahrain, Uzbekistan, and Kuwait, which collectively pledged around $7 billion. Trump emphasized the importance of responsible governance and collaboration between sovereign states to address regional issues and provide effective solutions. He described the initiative as a model for how countries can come together to share responsibilities in tackling pressing problems and implementing practical solutions.
Despite the ambitious commitments made, concerns have been raised about the council's future role and authority, with some European nations expressing reservations. There are also internal critiques in the U.S. questioning the legality and efficacy of the council within existing international frameworks. As the reconstruction efforts move forward, the success of this initiative will depend not only on financial contributions but also on the governance structures and relationships established through such councils in the complex geopolitical landscape surrounding Gaza.