Moscow [Russia], January 22 (ANI): Russian President Vladimir Putin has responded to an invitation from US President Donald Trump to join the proposed international “Peace Council,” expressing tentative interest and offering a $1 billion contribution drawn from Russian assets frozen by the United States.
Speaking during a meeting of Russia’s Security Council on Wednesday, Putin said Moscow could immediately provide $1 billion for the initiative—even before deciding on formal participation—citing Russia’s longstanding support for international stability and its “special relations with the people of Palestine,” RT reported.
“The funds could be taken from Russian assets frozen by the previous [US] administration,” Putin said, adding that Russia has consistently supported efforts aimed at strengthening global stability. While thanking Trump for the invitation, Putin noted that Russia would need additional time to study the proposal and consult with its strategic partners before making a final decision.
The proposed Peace Council—also referred to as the Gaza Board of Peace—forms part of Phase 2 of Trump’s 20-Point Peace Plan aimed at ending the Middle East conflict. The initiative is focused on promoting stability, overseeing post-conflict reconstruction in Gaza, and addressing Palestinian humanitarian needs, though it has since expanded to address global conflicts more broadly.
Earlier this week, Trump confirmed that Putin was among several world leaders invited to join the council. Speaking to reporters during a media gaggle, Trump said the body would work toward peace and long-term stability, particularly in the Gaza Strip.
First proposed by Trump last September, the Peace Council is envisioned as a high-profile international body comprising leaders from up to 60 countries. According to a White House statement, the Executive Board would oversee key portfolios essential to Gaza’s stabilisation and long-term success, including governance capacity-building, regional relations, reconstruction, investment attraction, large-scale funding, and capital mobilisation.
Under the proposal, countries committing $1 billion would secure permanent seats on the board, while non-contributing members could still participate on a three-year rotational basis. (ANI)
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