States that have become members of Donald Trump’s Peace Council will commit more than five billion dollars for humanitarian aid and reconstruction in the Gaza Strip, the US president himself announced on 15 February.
“19 In February 2026, I will be joined again by members of the Peace Council at the Donald J. Trump Peace Institute in Washington, D.C., where we will announce that participating states have pledged more than five billion dollars in humanitarian aid and reconstruction for Gaza, as well as sending thousands of personnel to the international stabilisation force and local police to maintain security and peace for the people of Gaza,” Trump wrote on the Truth Social Network.
Which countries will allocate the money and in what proportion, Trump did not specify. He added that the Peace Council will be “the most significant international body in history” and he is “honoured to be its chairman.”
The Peace Council was originally conceived specifically as a body to govern the Gaza Strip after the war under Trump’s peace plan. However, it has since become clear that the US president sees it as a new international body with much broader powers.
On 22 January, at the annual meeting of the World Economic Forum in Davos, Trump signed the Peace Council Charter. He himself became its chairman, and for lifetime membership in the Council countries are invited to contribute one billion dollars each. At the signing ceremony, Trump was joined by the leaders of other countries that have joined the Council, mainly from the Middle East and South America, as well as Hungarian Prime Minister Viktor Orban, Armenian Prime Minister Nikol Pashinyan and Azerbaijani President Ilham Aliyev.