Azerbaijan doesn’t envisage to participate in the $7 billion financial initiative related to Gaza that was announced during Thursday’s meeting of the Board of Peace, Assistant to the President of Azerbaijan - Head of the Foreign Policy Department of the Presidential Administration, Hikmet Hajiyev wrote on X, Azerbaijani media report.

“Azerbaijan, as a founding member state, supports the goals and objectives of the Board of Peace. In the future, Azerbaijan may consider participating in investment projects in Gaza through the Board of Peace. However, I would like to clarify one point. Azerbaijan doesn’t envisage to participate in the USD 7 billion financial initiative related to Gaza that was announced during today’s meeting of the Board of Peace," Assistant to the President of Azerbaijan noted.

Earlier, US President Donald Trump announced that a group of countries, including Azerbaijan, had invested more than $7 billion in an aid package for the reconstruction of the Gaza Strip.