22.01.2026 00:43
Russian President Vladimir Putin stated that Russia is ready to provide financial support for the "Peace Council" proposed by U.S. President Donald Trump, suggesting that the $1 billion payment intended for permanent membership be covered by frozen Russian assets in the U.S.
Russian President Vladimir Putin announced that Moscow is ready to contribute to the "Peace Council" initiative brought up by U.S. President Donald Trump. Putin stated that the required $1 billion contribution for permanent membership could be covered by Russian assets frozen in the U.S.
NOTABLE STATEMENT AT THE SECURITY COUNCIL MEETING
According to a report by Russia Today, Putin said in his speech at the Russian Security Council on Wednesday that Moscow could provide financial support even before deciding whether to participate in the council's activities. The Russian leader stated, "Russia can provide $1 billion to this structure even at this stage."
CONDITION OF FROZEN RUSSIAN ASSETS
Putin indicated that the mentioned amount could be taken from "Russian assets frozen by the previous U.S. administration" and emphasized that Moscow would continue to support any initiative aimed at strengthening international stability.
The Russian President said, "I thank the U.S. President for his proposal. We have always supported and will continue to support any initiative aimed at strengthening international stability."
Putin reported that he had instructed the Russian Foreign Ministry to review the documents related to the Peace Council and consult with Russia's strategic partners on this matter, stating that they could respond to Trump's proposal afterward.
INTERNATIONAL TRANSITION MECHANISM FOR GAZA
Trump's proposed "Peace Council" initiative envisions the establishment of an international council to manage the transition period in Gaza following the ceasefire reached between Israel and Hamas. This structure is planned to take on financing, security, and political coordination and work alongside a Palestinian technocratic administration. Trump had brought up this idea after the ceasefire facilitated by the U.S. last year.
EMPHASIS ON "SPECIAL RELATIONS WITH THE PALESTINIAN PEOPLE"
In his speech, Putin highlighted Russia's special relationship with the Palestinian people, stating that this is one of the justifications for a possible contribution to the Peace Council.
While it was noted that Trump invited dozens of countries to the Peace Council, Hungary, Morocco, Vietnam, Kazakhstan, and Argentina were among the countries that accepted the invitation.
President Recep Tayyip Erdoğan also announced that Foreign Minister Hakan Fidan would participate on behalf of Turkey.
CHINA CONFIRMED THE INVITATION
On Tuesday, China also confirmed that it had been invited to the initiative. However, the Beijing administration has not yet announced an official decision regarding its participation in the council.
Kremlin spokesman Dmitry Peskov also stated that Moscow is reviewing the details of the proposal and is in contact with Washington to "clarify all nuances."