Trump was speaking at the World Economic Forum in the Swiss resort of Davos where he is expected to preside over a signing ceremony for it on Thursday.
Dozens of world leaders have been invited to join what is being marketed as an international peace-building organisation, leading to concerns that it could try to supplant the UN.
However, a permanent seat on the board will cost countries $1 billion.
What started out as an entity set up to oversee the ceasefire in Gaza has rapidly expanded with membership invitations sent out to around 50 foreign leaders.
On Wednesday, the Trump said that Russian President Vladimir Putin had become the latest to accept one.
Israel’s Prime Minister Benjamin Netanyahu has also accepted, despite having criticised the inclusion of Turkey and Qatar, mediators in the Gaza war.
Several other countries have yet to respond, while France has reportedly rejected the offer, questioning whether this Board of Peace with Trump reportedly as its permanent Chair, will clash with the UN especially since its sights have been set far beyond Gaza on global conflicts.
The Board of Peace charter shared by the White House says it has peace building functions in accordance with international law.
Trump has said the Board of Peace will work with the UN and that the UN should continue because its potential is so great, having previously hinted that his Board of Peace might act as a replacement.
–SABC–
