Donald Trump formed the Board of Peace this month and, according to a report from Bloomberg, he will require nations looking for permanent membership to pay $1 billion

World leaders on Saturday were weighing whether to join President Trump’s “Board of Peace,” as the Trump administration tries to move ahead with its ambitious postwar vision for the Gaza Strip.

In letters sent Friday to various world leaders inviting them to be “founding members” of the board, Trump says the body would “embark on a bold new approach to resolving global conflict.”