Prime Minister Sir Keir Starmer is considering whether he should join US President Donald Trump's peace board for Gaza.
It is expected to temporarily oversee the functioning of Gaza, manage its reconstruction, and will include world leaders.
British diplomats are seeking further clarity from the US State Department regarding the role of the board and its members.
The Sunday Times first reported that Sir Keir had been invited to join the board.
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Government sources said that a formal invitation has not yet been received and no decision has been made.
According to US media reports, Trump is expected to announce the board members this week.
Former British Prime Minister Sir Tony Blair is expected to join a separate executive board alongside Trump's advisors Jared Kushner and Steve Witkoff.
In September, the US said that Sir Tony would be a member of the peace board, and the former Labour prime minister said that the US plans were "the best chance to end two years of war, misery and suffering."
However, the precise details of his involvement were unclear, as reports suggested that some Middle Eastern countries had objected to Sir Tony being given a role, given that he sent British troops as part of the US-led military action in Iraq.
He said: "Basically, it will have the most important leaders from the most important countries. You take the most important leaders and countries, that's who will be on the peace board."
Trump said there was considerable international interest in participating in the initiative, adding: "Everybody wants to be involved."
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On Tuesday, Foreign Secretary Yvette Cooper was asked in the House of Commons whether Sir Keir had joined Trump's peace board, but she did not directly answer the question. Cooper said, "We have supported a 20-point plan to achieve a ceasefire in Gaza."
"It is still fragile and there is still a lot of work to do, including humanitarian aid and support, and disarming Hamas.
"There is still a lot of work to be done, but it is absolutely crucial that the entire international community comes together to support this." Sir Keir has maintained a good relationship with Trump, despite disagreements over the UK's decision last year to recognize Palestine as a state.
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The Prime Minister has often been criticized for his frequent trips abroad, but speaking to Labour MPs on Monday, he defended his focus on foreign affairs and sought to link it to his domestic policy agenda.
Starmer said, "The cost of living crisis will not be solved by isolationism."
"One thing that is absolutely clear is that we are moving into a world that is very different from the world that most of us grew up in, and in such an unstable world, you have to be in the room.
"You have to be in the room to solve the problems that working people care about."
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