US President Donald Trump announced on Thursday that the United States will allocate $10 billion to the newly established Peace Council, an initiative he founded to support stability in Gaza.
Speaking at the conclusion of the council’s inaugural meeting in Washington, Trump said the funding reflects Washington’s commitment to advancing peace, despite limited backing from some Western allies. The meeting brought together representatives from 47 countries and around 20 world leaders, alongside senior officials.
France voiced reservations about the participation of the European Commission, saying it lacked a mandate and calling for the Peace Council to refocus on Gaza in line with United Nations Security Council resolutions. Paris said it would not take part while uncertainty remains.
In his opening remarks, Trump described the Gaza situation as extremely complex but reaffirmed his belief that peace, though difficult, is achievable. He also said that China and Russia would be involved in governance efforts, adding that nine council members have pledged $7 billion for a Gaza relief package.
Trump concluded by stressing the importance of the United Nations and pledged to work to ensure its continued effectiveness.
