Countries that have joined the Peace Council established by Donald Trump will commit more than five billion dollars to humanitarian assistance and the reconstruction of the Gaza Strip—the US president himself announced.
“On February 19, 2026, the members of the Peace Council will once again join me at the Donald J. Trump Institute of Peace in Washington, DC, where we will announce that participating states have pledged more than 5 BILLION DOLLARS for humanitarian aid and the reconstruction of Gaza, as well as the deployment of thousands of personnel to the International Stabilization Force and local police to ensure security and peace for the people of Gaza,” Trump wrote.
Trump did not specify which countries would assume the financing or in what proportions. At the same time, he described the Peace Council as “the most significant international body in history” and stressed that it was “a great honor for him to serve as its chairman.”
Originally, the Peace Council was conceived as a mechanism for governing the Gaza Strip in the postwar period under Trump’s peace plan—but it later became clear that the US president views it as a new international institution with far broader powers.
The charter of the Peace Council was signed by Trump on January 22 at the World Economic Forum in Davos. He himself assumed leadership of the new body, while states seeking lifetime membership were asked to contribute one billion dollars each.