Member countries – represented on the board by their head of state – would be allowed to join for three years – or longer if they paid more than US$1.0 billion within the first year, the charter says.
“Each Member State shall serve a term of no more than three years from this Charter’s entry into force, subject to renewal by the Chairman,” the board’s draft charter says.
“The three-year membership term shall not apply to Member States that contribute more than US$1,000,000,000 in cash funds to the Board of Peace within the first year of the Charter’s entry into force.”
The board was originally conceived to oversee the rebuilding of Gaza, but its charter does not appear to limit its role to the occupied Palestinian territory.
The White House said there would be a main board, a Palestinian committee of technocrats meant to govern devastated Gaza, and a second “executive board” that appears designed to have a more advisory role.
“The Board of Peace is an international organisation that seeks to promote stability, restore dependable and lawful governance, and secure enduring peace in areas affected or threatened by conflict,” the charter says.