Overview
- Putin reiterated readiness to allocate $1 billion from Russian assets frozen in the United States for the U.S.-led Board of Peace focused on Gaza.
- Russia has not formally confirmed membership, despite President Trump saying Putin had accepted the invitation.
- Putin instructed the Foreign Ministry to study the proposal and consult partners before delivering a formal response.
- After meeting Mahmoud Abbas in Moscow, Putin emphasized support for a sovereign Palestinian state and said the funds should go to humanitarian rebuilding.
- Putin said he will meet U.S. envoys Jared Kushner and Steve Witkoff to discuss the assets and related issues as other leaders, including Benjamin Netanyahu and several Arab states, sign onto the initiative.