Putin Pledges $1 Billion from Frozen Assets to Trump's Board of Peace
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Firstpost•22-01-2026, 08:22
Putin Pledges $1 Billion from Frozen Assets to Trump's Board of Peace
- •Russian President Vladimir Putin has agreed to contribute $1 billion from frozen Russian assets to Donald Trump's Board of Peace.
- •Putin stated that remaining frozen funds could rebuild war-torn territories, contingent on a Russia-Ukraine peace deal.
- •Trump invited Putin and other world leaders to join the Board of Peace, initially focused on Gaza but expanding globally.
- •Russia's foreign ministry is reviewing the invitation and consulting strategic partners before a formal reply.
- •Saudi Arabia, Turkey, Egypt, Jordan, Indonesia, Pakistan, Qatar, and UAE have accepted invitations to the board.
Why It Matters: Putin commits $1 billion from frozen assets to Trump's Board of Peace, pending a Russia-Ukraine peace deal.
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