The World Bank backs language in a U.S.-drafted United Nations Security Council resolution on Gazathat would authorize a two-year mandate for a transitional governance body, according to a letter to the United States seen by Reuters.

The 15-member UN Security Council began negotiations on Thursday on the text that would mandate a so-called Board of Peace transitional governance administration, giving it the authority to establish operational entities to address issues including the reconstruction of Gaza and of economic recovery programs.