politics

January 22, 2026

Putin offers $1bn to Trump’s ‘peace board’

Russia is ready to contribute to Trump’s ‘peace board’ initiative using assets frozen in the US, President Vladimir Putin has said

Putin offers $1bn to Trump’s ‘peace board’

TL;DR

  • Russia is willing to donate $1 billion to Trump's 'Board of Peace' initiative using frozen Russian assets.
  • The 'Board of Peace' aims to manage funding, security, and political coordination in Gaza after a ceasefire.
  • The initiative will collaborate with a Palestinian technocratic administration.
  • Putin stated Russia has 'special relations with the people of Palestine' and supports international stability.
  • Several countries, including Hungary, Morocco, Vietnam, Kazakhstan, and Argentina, have accepted invitations.
  • China has also confirmed an invitation but has not decided on participation.
  • A $1 billion payment is reportedly required for a permanent seat on the board.

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