Trump's 'Peace Council' Fails to Secure Any Funding

The "Peace Council," an initiative spearheaded by former U.S. President Donald Trump, has failed to attract any financial backing since its inception, sources have revealed. The organization remains empty, facing legal and political uncertainty that obstructs its planned projects, including the reconstruction of Gaza.

Following the council's inaugural meeting in February, Trump announced that participating nations had pledged $7 billion for Gaza's reconstruction. Countries including Kazakhstan, Azerbaijan, the UAE, Morocco, Bahrain, Qatar, Saudi Arabia, Uzbekistan, and Kuwait reportedly made these commitments. The United States was expected to contribute an additional $10 billion, with the UN adding $2 billion.

These funds were intended, in part, to finance the National Committee for Gaza Administration (NCAG), a body overseen by the Peace Council. The NCAG was slated to assume control of the region post-Hamas disarmament. However, due to the absence of funding, the NCAG has not commenced operations.

Trump officially announced the creation of the Peace Council on January 22 during the World Economic Forum in Davos. Representatives from 19 nations signed the organization's charter. While established through an agreement between Israel and Hamas for managing Gaza, the council's mandate also includes preventing and resolving conflicts in other regions.