Dialogos

Putin: Russia Could Use Frozen Assets to Support Peace Council

Published January 22, 2026, 14:02
Putin: Russia Could Use Frozen Assets to Support Peace Council

Russian President Vladimir Putin has offered to Palestinian President Mahmoud Abbas to utilize $1 billion in Russian assets frozen in the United States to support the Palestinian people through the Peace Council initiative of former US President Donald Trump. According to the state news agency TASS, the idea of using the frozen Russian assets for the Peace Council was previously discussed with the US. Putin is also expected to meet with US envoys Steve Witkoff and Jared Kushner later today, where the importance of bilateral economic relations will be emphasized. This move appears to be an attempt by Russia to strengthen its position in the region and provide aid to the Palestinian people, utilizing assets already seized by US sanctions.