President Donald Trump has announced the formation of a 'Board of Peace' to oversee governance and reconstruction in the Gaza Strip, marking the start of the second phase of a peace plan between Israel and Hamas. The board, chaired by Trump and including international leaders, will work alongside a newly established Palestinian-run committee responsible for Gaza's day-to-day management and urgent relief efforts. While Hamas has agreed to hand over administration to the technocratic committee, its disarmament remains a contentious issue, with the United States insisting on compliance and warning of consequences for non-cooperation. Both Israeli and Palestinian leaders have expressed cautious optimism, and international mediators have welcomed the new governance structure as a step toward stability and humanitarian improvement in Gaza.