Buenos Aires, January 19 (NA) -- Donald Trump's ambitious diplomatic initiative, named the "Board of Peace," has begun to reveal its operational and financial details. According to a report published by the Bloomberg agency, the President of the United States plans to demand a minimum cash contribution of $1 billion from countries aspiring to a permanent seat in the body. The draft statutes, accessed by the aforementioned agency, establish a governance structure where Trump's figure centralizes decision-making power. Sources consulted by Bloomberg assure that a group of nations is already working collectively to counter this initiative, fearing it could become a tool of economic coercion under the guise of peace diplomacy. The emergence of this Board of Peace marks a turning point in the foreign policy of the Trump administration, prioritizing transactional agreements and direct loyalty over the diplomatic channels established after World War II. Although the Council seeks to present itself as an alternative to "promote stability and ensure lasting peace in conflict zones" —with the Gaza Strip as the first objective— critics are already pointing to it as a direct attempt to rival the United Nations (UN). Keys to the functioning of the Council: The document details membership and voting rules that break with traditional multilateral schemes: Veto Power: While decisions would be adopted by a majority vote (one vote per member state), the draft clarifies that all resolutions will be subject to the final approval of the President of the Council, a position to be held by Trump himself. Membership by Payment: Standard mandates will last three years. However, this term will not apply to countries that contribute more than $1 billion during the first year, granting them de facto permanent member status. Launch: The organization will become official as soon as at least three member states agree on the statutes. The invitation to Argentina and the global reaction: The news takes on special relevance in the country after President Javier Milei confirmed yesterday having received the formal proposal from Trump for Argentina to join the Council as a Founder Member. Although it has not been detailed if Argentina will have to disburse the mentioned amount, Milei's alignment with Washington is total. On the contrary, several European powers and international organizations have expressed firm opposition.
Trump's 'Board of Peace' Initiative Requires Billion-Dollar Memberships
The Trump administration unveils the 'Board of Peace,' a new diplomatic body where membership and power are directly tied to country financial contributions. Argentina received an invitation to be a founding member, while Europe and international organizations expressed concern.