US President Donald Trump's administration has issued an ultimatum to countries seeking permanent membership in his new Board of Peace, requiring a cash contribution of at least US$1 billion.

President Donald Trump’s “Board of Peace” that was initially seen as a mechanism focused on ending the Israel-Hamas war in Gaza is taking shape with ambitions to have a far broader mandate of other global crises.

Egypt and Turkey issued responses to Trump's invitation, saying that they were considering accepting the offer to join Gaza's Board of Peace. The White House announced on Friday that US Secretary of State Marco Rubio,