US President Donald Trump has announced the formation of a 'Gaza Board of Peace', which he will chair, as a crucial step in Phase Two of a comprehensive US-backed plan aimed at resolving the conflict in the Palestinian territory. The announcement, made around January 16-17, 2026, confirms that prominent figures such as US Secretary of State Marco Rubio and former British Prime Minister Tony Blair have been appointed as founding members of the seven-strong executive board. Other notable members include Trump's son-in-law Jared Kushner, special envoy Steve Witkoff, World Bank President Ajay Banga, financier Marc Rowan, and Trump aide Robert Gabriel. The Board of Peace is designed to provide strategic oversight, mobilize international resources, and ensure accountability during Gaza's transition from conflict to peace and development. It is part of a broader 20-point peace plan unveiled by Trump on September 29, 2025, which saw its first phase, including a ceasefire and hostage release, come into effect on October 10, 2025. Complementing the Board of Peace is a 15-member Palestinian technocratic committee, headed by Gaza native Ali Sha'ath, tasked with managing the day-to-day governance and restoration of public services in post-war Gaza under the board's supervision. The plan also calls for the deployment of an International Stabilisation Force, led by US Major General Jasper Jeffers, to oversee security. Tony Blair's inclusion is noted as a potentially controversial choice due to his historical role in the 2003 Iraq invasion. This initiative represents a significant international effort to reconstruct and stabilize Gaza, garnering global attention and holding indirect relevance for India due to the involvement of international figures and institutions like the World Bank.