WASHINGTON — President Donald Trump announced Thursday at the inaugural Board of Peace meeting that nine members have agreed to pledge $7 billion toward a Gaza relief package and five countries have agreed to deploy troops as part of an international stabilization force for the war-battered Palestinian territory.
While lauding the pledges, Trump faces the unresolved challenge of disarming Hamas, a sticking point that threatens to delay or even derail the Gaza ceasefire plan that his administration notched as a major foreign policy win.
The dollars promised, while significant, represent a small fraction of the estimated $70 billion needed to rebuild the territory decimated after two years of war between Israel and Hamas. While Trump praised allies for making the commitments of funding and troops, he offered no detail on when the pledges would be implemented.
''Every dollar spent is an investment in stability and the hope of new and harmonious (region),'' Trump said. He added, ''The Board of Peace is showing how a better future can be built right here in this room."
Trump also announced the U.S. was pledging $10 billion for the board but didn't specify what the money will be used for. It also was not clear where the U.S. money would come from — a sizable pledge that would need to be authorized by Congress.
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The board was initiated as part of Trump's 20-point plan to end the conflict in Gaza. But since the October ceasefire, Trump's vision for the board has morphed and he wants it to have an even more ambitious remit — one that will not only complete the Herculean task of bringing lasting peace between Israel and Hamas but also help resolve conflicts around the globe.
But the Gaza ceasefire deal remains fragile, and Trump's expanded vision for the board has triggered fears the U.S. president is looking to create a rival to the United Nations.