• Trump announces the formation of a Gaza "Board of Peace" as part of a US-backed plan.
• The board aims to oversee a new Palestinian technocratic committee managing post-war Gaza.
• There are ongoing concerns regarding ceasefire violations and Israeli withdrawal from the region.
• Over 450 Palestinians have reportedly been killed since the ceasefire began in October.
• The plan includes the establishment of an International Stabilization Force.

US President Donald Trump announced the creation of a Gaza "Board of Peace," a significant element in the second phase of a US-supported plan intended to stabilize Gaza post-conflict. In a post on Truth Social, Trump highlighted this board as "the greatest and most prestigious board ever assembled," with member announcements expected shortly. The board is to oversee a 15-member Palestinian technocratic committee responsible for post-war governance in Gaza, according to Le Monde and Channel News Asia.

The Palestinian committee is tasked with managing daily operations in Gaza and will function under the board's supervision. Trump's peace plan also proposes the deployment of an International Stabilization Force to enhance security and assist in training Palestinian police units. Bassem Naim, a senior Hamas leader, stated, "The ball is now in the court of the mediators," emphasizing the need for empowerment from the international community, as cited by both Reuters and India Times.

Despite the apparent progress, the situation remains precarious, with Hamas and Israel continuing to exchange accusations over ceasefire violations. Since the ceasefire took effect on October 10, Gaza's health ministry has reported over 450 Palestinian fatalities. Additionally, uncertainties surrounding the fulfilment of Israel's full military withdrawal from the region persist, with Hamas's commitment to disarmament remaining unclear. These concerns were raised in reports by Le Monde, Reuters, and Channel News Asia.