U.S. President Donald Trump plans to sign the full constitution and remit of the Board of Peace on the sidelines of the World Economic Forum in Davos on January 22, Bloomberg reported citing sources.
According to the report, Trump wants the invited countries to sign the document on Thursday to officially launch the initiative.
In line with the charter, Trump will become the institution’s first chairman, and will personally decide on inviting new members.
The U.S. administration wants countries to pay $1 billion on the first year of their membership to become the board’s permanent member.
According to Bloomberg, this condition has "blindsided world leaders and left many bewildered." Some of those invited also expressed concern about Trump’s role in the organization, who, as the chairman, will be granted unilateral control over the new organization’s funds.
![November 2025 in photos: New Year at GUM, the "City of Living Stories," and autumn scenes](https://en.vestikavkaza.ru/upload2/s400xfull/2025-12-02/1764706769692f49d1538777.83780174.webp "November 2025 in photos: New Year at GUM, the "City of Living Stories," and autumn scenes")
