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Emerging MarketsNewsThe Risks of Trump’s Peace Plan: Two Gazas and an Annexed West Bank
The Risks of Trump’s Peace Plan: Two Gazas and an Annexed West Bank
Emerging MarketsDefense

The Risks of Trump’s Peace Plan: Two Gazas and an Annexed West Bank

•February 18, 2026
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Chatham House – All Content
Chatham House – All Content•Feb 18, 2026

Why It Matters

The combined governance model and territorial split threaten Palestinian national cohesion and could cement a fragmented, stateless reality, reshaping Middle‑East geopolitics and limiting U.S. diplomatic leverage.

Key Takeaways

  • •Plan creates external governance with minimal Palestinian input
  • •UN resolution ties statehood to strict demilitarization milestones
  • •Kushner's redevelopment splits Gaza into privileged and neglected zones
  • •West Bank de‑facto annexation accelerates settlement expansion
  • •European and Arab pressure could reshape U.S. peace plan

Pulse Analysis

The Trump administration’s Gaza peace blueprint marks a departure from traditional negotiation tracks by centralising authority in a Board of Peace chaired by the president. By delegating day‑to‑day control to the Gaza Executive Board and the National Committee for the Administration of Gaza—both vetted by Israel and the United States—the plan marginalises Palestinian voices and ties any path to statehood to a series of security‑driven conditions. This external governance model echoes the Oslo Accords’ limited autonomy but intensifies the fragmentation by formally separating Gaza from the West Bank until at least 2027.

Jared Kushner’s parallel "New Gaza" vision reframes the enclave as a real‑estate development project, carving out modern, high‑density districts reminiscent of Gulf cityscapes. The scheme effectively creates two Gazas: a reconstructed, heavily supervised zone under Israeli military control, and a peripheral area left under‑served and politically volatile. Such a bifurcation risks deepening displacement, fueling resentment not only among Palestinians but across the broader Arab world, and undermining any genuine economic revival that could support a sustainable peace.

Concurrently, Israel’s security cabinet has accelerated a de‑facto annexation of the West Bank, loosening legal constraints on settlement expansion and land seizure. While the Trump administration publicly opposes outright annexation, the on‑ground reality points to an entrenched Israeli presence that could render a viable Palestinian state increasingly implausible. European and Arab states therefore face a strategic imperative: apply coordinated diplomatic pressure to recalibrate the U.S. plan, safeguard Palestinian self‑determination, and prevent a permanent partition that would reshape regional dynamics for decades.

The risks of Trump’s peace plan: Two Gazas and an annexed West Bank

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