Putin Offers Frozen Russia Assets in US to Aid Ukraine, Gaza (1)

Jan. 22, 2026, 1:27 PM UTC

Russia’s President Vladimir Putin said he is ready to commit Russian assets that remain frozen in the US to rebuild Ukrainian regions damaged during the war after a peace treaty is concluded.

Putin also said he could give $1 billion from the US-based assets - frozen to punish Putin for his 2022 full-scale invasion of Ukraine - to US President Donald Trump’s proposed Board of Peace.

The offer has been discussed with the US, Putin said, and he plans to talk about it more Thursday during a meeting with Trump envoys Steve Witkoff and Jared Kushner in Moscow.

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