US President Donald Trump is announcing the first charter of his so-called “Board of Peace“, a body for resolving international conflicts with a $1bn price tag for permanent membership.

Axar.az, citing Al-Jazeera, reports that the board, which Trump will launch in what has been billed as a signing ceremony in Davos, Switzerland, on Thursday, was originally conceived to oversee the rebuilding of Gaza. But a draft of the charter does not appear to limit its role to the Palestinian territory.

A senior White House official said on Wednesday that about 35 world leaders have so far committed to joining the Board of Peace out of the 50 or so invitations that were sent.

These include Middle East allies such as Israel, Saudi Arabia, the United Arab Emirates, Bahrain, Jordan, Qatar and Egypt.

NATO members Turkiye and Hungary, whose nationalist leaders have cultivated good personal ties with Trump, have also agreed to take part, as have Morocco, Pakistan, Indonesia, Kosovo, Uzbekistan, Kazakhstan, Paraguay, ‍and Vietnam.