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International Business Times UK
International Business Times UK
Politics
Ivy Jill Romanillos

What Is Trump's Board of Peace and Why Is Putin Offering $1bn in Support?

World Economic Forum 2026 (Credit: Facebook/The White House)

US President Donald Trump's latest diplomatic initiative has sparked intense debate across capitals and institutions worldwide. His 'board of peace' is an international body intended to oversee ceasefire enforcement and post-war reconstruction in Gaza, with Russian President Vladimir Putin indicating that Moscow could contribute up to £790 million ($1 billion) in exchange for a permanent seat.

The initiative aims to coordinate peacebuilding efforts, disarmament, governance support, and reconstruction in Gaza, with the possibility of expanding its mandate to other conflict zones. Putin's willingness to contribute, potentially using frozen Russian assets, has reverberated across global diplomacy and intensified debate over the board's legitimacy and strategic purpose.

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