The humanitarian situation in Gaza has sharply deteriorated following continued Israeli attacks, prompting renewed international efforts toward reconstruction. US President Donald Trump announced that nine member nations of a proposed peace council have agreed to extend a $70 billion financial package for Gaza’s rehabilitation, describing it as a crucial investment aimed at restoring long-term stability in the conflict-hit region.
According to Trump, the countries that have consented to the package include United Arab Emirates, Morocco, Bahrain, Qatar, Saudi Arabia, Kuwait, Uzbekistan, Azerbaijan and Kazakhstan. He further stated that five of these nations have also offered to deploy forces, which would initially be stationed in Rafah, as part of stabilisation efforts.
Officials had earlier estimated that approximately $70 billion would be required for Gaza’s reconstruction. Trump also announced that the United States would contribute $100 billion to the peace council, though he did not specify the exact allocation of those funds. He added that the initiative would help strengthen the functioning of the United Nations system and ensure more effective global coordination.
Meanwhile, Trump claimed that within the first year of his second presidential term, he had helped stop eight wars, though none of them were formally discussed at the United Nations. He asserted that the proposed peace council would continue to play a significant role in maintaining international stability, even beyond his tenure.