The report from Hill outlines the key points from the inaugural meeting of the 'Peace Council' spearheaded by President Trump in Washington, which saw representatives from around 50 countries in attendance. One of the council's main focuses, as highlighted by Trump's proposals, is the reconstruction of Gaza, which he has placed at the forefront of his priorities. The meeting serves as a broader platform for addressing various international conflicts beyond just Gaza itself.

Trump announced a significant financial commitment of $10 billion for the Peace Council aimed at financing the reconstruction efforts in Gaza, arguing that this amount is modest compared to the scale of destruction experienced in the region. Additionally, Ali Shath, the head of the National Committee for Gaza Management, remarked on the extreme difficulties faced in implementing the plan due to extensive devastation, urgent humanitarian needs, and near-total economic collapse in the area. The White House has reported that around $6.5 billion has been pledged from other nations and that these funds will be managed through an International Bank fund specifically dedicated to Gaza’s reconstruction and development.

The timing of the meeting is critical, occurring amidst pressing challenges that Gaza faces, with the future of the region hanging in the balance. The formation of this council, spearheaded by Trump, could represent a pivotal moment for the peace process within the Israeli-Palestinian conflict, offering both an opportunity to address long-standing issues and potentially complicating future diplomatic efforts in a fragile geopolitical landscape.