Editorial & Advertiser disclosure
Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.
Spain will not join Trump’s Board of Peace, PM says
Published by Global Banking and Finance Review
Posted on January 23, 2026
2 min read
Last updated: January 23, 2026
Spain’s Decision on Trump’s Peace Initiative
MADRID, Jan 23 (Reuters) – Spain will not take part in the Board of Peace initiative launched by U.S. President Donald Trump to tackle global conflicts, saying the decision was consistent with its belief in multilateralism and the United Nations system.
Reasons for Declining Participation
“We appreciate the invitation, but we decline,” Spanish Prime Minister Pedro Sanchez told reporters late on Thursday after an EU summit in Brussels.
Global Context and Reactions
Washington says the body will help broker and monitor ceasefires, organise security arrangements and coordinate rebuilding in places emerging from war. The concept stems from Trump’s Gaza peace plan.
Involvement of Other Countries
Missing from the board’s launch ceremony held at the World Economic Forum in Switzerland’s Davos on Thursday were traditional U.S. allies such as Canada, Britain and all European Union members except Hungary and Bulgaria.
Sanchez cited consistency with Madrid’s commitment to international law, the U.N. and multilateralism as the main reasons it was declining to participate.
Sanchez also said the Board of Peace did not include the Palestinian Authority.
Israel has joined the board, along with Middle Eastern countries such as Qatar, Saudi Arabia and the United Arab Emirates.
(Reporting by David Latona; Editing by Alison Williams)