Putin offers $1bn to Trumps peace board

RT.com
22 Jan 2026, 01:38 GMT+10

The contribution would come from the Russian assets frozen in the US

Moscow is ready to contribute to US President Donald Trump's 'Board of Peace' initiative, President Vladimir Putin told the Russian Security Council on Wednesday. He suggested donating $1 billion to the body out of the Russian assets frozen in the US to support the recovery of the Palestinian enclave.

The initiative envisages an international council to manage funding, security, and political coordination in Gaza during a transitional period following a ceasefire between Israel and Hamas. The body will work alongside a Palestinian technocratic administration. Trump came up with the idea after the US brokered the truce last year.

Russia could provide $1 billion for the organization "right now, even before we decide whether we'll take part... in the work of the Board of Peace," the Russian president said, citing Moscow's "special relations with the people of Palestine."

The sum could be taken "from the Russian assets frozen by the previous [US] administration," he added. Moscow "has always supported and continues to support any efforts aimed at strengthening international stability," Putin stated.

Trump has invited dozens of nations into the board. Hungary, Morocco, Vietnam, Kazakhstan, and Argentina have already accepted the offer.

On Tuesday, China also confirmed it had been invited to join but did not specify if it would participate.

Kremlin spokesman Dmitry Peskov said this week that Moscow was "studying the details" of the proposal and communicating with Washington to "clarify all the nuances."

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(RT.com)

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