The Trump administration is seeking substantial financial commitments from countries interested in joining a proposed international “Board of Peace,” with a draft framework indicating that nations contributing at least $1 billion would receive preferential, long-term membership.
According to a draft charter reviewed by Bloomberg, the initiative would place President Donald Trump at the center of the new body’s authority.
Trump would serve as the board’s first chair, retain final approval over membership decisions, and hold veto power over resolutions passed by participating states.
Under the proposed rules, countries would normally be limited to three-year terms.
However, that restriction would not apply to states that contribute more than $1 billion in cash during the organization’s first year.
The charter specifies that all decisions would require majority support from members present, but would still be subject to approval by the chair.
Concerns Over Concentration Of Power
The proposal has raised concern among diplomats and foreign policy observers, particularly over the level of control vested in the U.S. president.
Critics say the structure resembles a parallel diplomatic institution that could dilute or bypass existing multilateral frameworks, including the United Nations, which Trump has repeatedly criticized in the past.
The draft charter defines the Board of Peace as an international organization intended to promote stability, restore lawful governance, and support long-term conflict resolution.
It would formally come into existence once at least three countries ratify the charter.
Trump would also approve the organization’s official seal and oversee its operational agenda.
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White House officials did not immediately respond to requests for comment.
Gaza Initiative Draws Early Friction
Separately, Trump has approached several world leaders about forming a Gaza-focused peace panel under the broader Board of Peace structure.
Those invited reportedly include Argentina’s Javier Milei and Canada’s Mark Carney.
That proposal quickly drew criticism from Israeli Prime Minister Benjamin Netanyahu, who said the plan had not been coordinated with Israel.
European governments have also been invited to participate, though several have expressed unease over provisions suggesting that Trump would exercise direct control over contributed funds.
Quoting people familiar with the discussions, the report stated that multiple countries are now coordinating opposition to parts of the draft charter, particularly those related to governance, funding oversight, and removal powers.
Governance Structure And Early Appointments
The charter states that the Board of Peace would hold at least one voting meeting per year, with additional sessions scheduled at the chair’s discretion.
Non-voting meetings with an executive board would occur quarterly. Trump would have authority to remove members, subject to a two-thirds veto by the remaining states, and would designate a successor chair at all times.
On Friday, the White House announced an initial executive panel ahead of the board’s formation, including Secretary of State Marco Rubio, Middle East envoy Steve Witkoff, Trump’s son-in-law Jared Kushner, and former UK prime minister Tony Blair.
The proposal adds to a growing list of Trump-era efforts to reshape global diplomacy through ad hoc structures that emphasize deal-making, financial leverage, and centralized authority rather than traditional multilateral consensus. Read Next: First US Crypto Bank Valued At $3B Plans IPO As Institutions Bet On Custody And Stablecoin Rails
