US President Donald Trump has announced the setting up of the 'Board of Peace' for the redevelopment of Gaza. The "Board of Peace" is being projected by Washington as a new international body to usher in peace and stability in Gaza and beyond, triggering speculations that it may respond to other global conflicts as well. Originally, the new body was tasked with overseeing governance and coordinating funding for Gaza's redevelopment, after the Strip was devastated during the two years of Israeli military offensive.