Trump’s Board of Peace Secures $7 Billion for Gaza Reconstruction
President Donald Trump announced at the inaugural meeting of his Board of Peace that nine members have pledged $7 billion toward a Gaza relief package. The meeting, held February 19, 2026, at the U.S. Institute of Peace in Washington, D.C., also addressed concerns regarding Iran’s nuclear program and saw participation from international leaders.
Inaugural Board of Peace Meeting
The Board of Peace, established by President Trump, convened its first meeting with the aim of coordinating humanitarian assistance, reconstruction, and stabilization efforts in the Gaza Strip, working in conjunction with the United Nations AP News. The $7 billion pledge represents a significant commitment to rebuilding the enclave.
International Participation and Concerns
The meeting included heads of state and leaders from over 50 countries, both founding members and observers. President Trump used the occasion to call out major U.S. Allies who have not yet joined the Board of Peace, stating they were “playing cute” AP News. He also warned of potential consequences if Iran does not agree to a deal regarding its nuclear program, suggesting “bad things will happen” within the next ten days AP News.
Vietnam’s Role and Bilateral Agreements
Vietnam’s General Secretary Toram attended the opening ceremony, underscoring the country’s commitment to peace and international cooperation. Vietnamese Ambassador Nguyen Quoc Dung emphasized Vietnam’s understanding of the value of peace, given its own history of conflict, and highlighted the alignment of the Board of Peace membership with Vietnam’s foreign policy goals New York Times.
During the visit, Vietnam and the United States signed contracts and cooperation agreements totaling $37.2 billion in key areas such as science, technology, digital transformation, aviation, and health New York Times. President Trump also indicated a willingness to remove Vietnam from the list of strategic export controls and expressed support for a “strong, independent, self-reliant and prosperous” Vietnam New York Times.
Looking Ahead
The Board of Peace’s initial success in securing pledges for Gaza reconstruction marks a first step toward addressing the humanitarian crisis in the region. Continued international cooperation and a resolution to concerns surrounding Iran’s nuclear program will be crucial for achieving lasting peace and stability in the Middle East.