US President Donald Trump is set to formally announce the first charter of his so-called β€œBoard of Peace”, a body for resolving international conflicts with a $1-billion price tag for permanent membership.

The board, which Trump will launch with 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 seen by AFP does not appear to limit its role to the Palestinian territory.

– What will it do? –

The Board of Peace will be chaired by Trump, according to its founding charter sent to countries invited to participate.

It is β€œan international organization that seeks to promote stability, restore dependable and lawful governance

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