US President Donald Trump plans to charge countries one billion dollars each to become permanent members of his proposed 'Board of Peace', according to a Bloomberg report. The draft charter states that Trump would serve as the board’s first chairman and hold veto power over membership decisions. Countries paying the full amount within the first year would secure permanent membership, while others would have three-year terms.

The draft charter argues that existing international structures have failed to maintain peace and calls for a more flexible and effective global peace organization. The language has raised concern that Trump may be attempting to create an alternative to the United Nations. The board is described as an international body aimed at ensuring stability, lawful governance, and sustainable peace in conflict-prone regions.

Trump has already invited several world leaders to join the board, including those from Egypt, Turkey, Argentina, and Canada. Egypt’s foreign minister said the proposal is under consideration, while a senior aide to Canadian Prime Minister Mark Carney expressed interest in accepting the invitation.