The draft charter that the US administration sent to about 60 countries stipulates that members of the "Peace Committee" must pay $1 billion in cash if they want their membership to last longer than three years, Reuters reports, citing a document that the agency has seen.
"Each member state has a term of office of up to three years from the entry into force of this Charter, renewable at the discretion of the Chair," the document, first reported by Bloomberg, states.
"The three-year term of membership shall not apply to Member States that pay more than US$1.000.000.000 in cash to the Peace Committee in the first year after the entry into force of the Charter."
The establishment of the Peace Committee was announced this week, months after a fragile ceasefire in Gaza, as a body to oversee the demilitarization and reconstruction of Gaza, as well as the establishment of a transitional Palestinian government. But US media, based on the draft charter, now report that Trump envisions the committee as an institution with broader powers, a kind of alternative to the United Nations, an organization he has long criticized.
"I am very honored to announce the establishment of the Peace Committee. Its members will be announced soon, but I can confidently say that this is the best and most prestigious committee ever formed anywhere," Trump wrote on social media two days ago.
"Blumberg" writes that the committee is described in its charter as "an international organization whose goal is to support stability, restore reliable and lawful governance, and ensure lasting peace in areas affected by or under threat of conflict," Hina reports.
What kind of Peace Committee is this?
The Atlantic writes that more information will be released at the upcoming World Economic Forum in Davos, which begins on Monday. The US president announced that the board will consist of "the most important leaders of the most important nations."
According to Bloomberg, Trump would be the inaugural chairman of the board and decide who would be its members, and each state would participate in the work of that body for no longer than three years from the entry into force of the charter, unless it pays a billion dollars.
Decisions would be made by a majority vote of the states, but with the confirmation of the president of that body, reports the American media.
The White House said Bloomberg's report was "misleading" and that there was no cost to join the board, Reuters reported. "It simply provides permanent membership to partner nations that demonstrate a deep commitment to peace, security, and prosperity," the White House wrote on the X platform.
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