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Russia Offers $1 Billion From Frozen Assets to Join Trump’s Global Peace Initiative
In a striking diplomatic move, Russian President Vladimir Putin has signalled Moscow’s willingness to contribute $1 billion — drawn from assets frozen in the United States — toward U.S. President Donald Trump’s “Board of Peace,” a newly launched international initiative aimed at resolving some of the world’s most intractable conflicts including the Gaza crisis.
What Is the “Board of Peace”
The Board of Peace is a Trump-branded global platform announced in early January at the World Economic Forum in Davos. Designed to coordinate international peace efforts — starting with the reconstruction and governance of the Gaza Strip — the think-tank-style body invites nations to participate in conflict reduction, humanitarian support, and post-conflict rebuilding. A draft charter reportedly requires a $1 billion financial commitment in exchange for a permanent seat on the board, though countries may join for three years without paying.
The initiative has drawn a mixed international response. Hungary and Vietnam have accepted invitations, while France and Norway have declined, expressing concerns about how the board fits with established multilateral structures like the United Nations.
Putin’s Offer: A $1 Billion Gesture
On January 21, President Putin told members of Russia’s Security Council that Moscow is ready to make a $1 billion contribution to the Board of Peace — even before formally committing to membership — by drawing on Russian assets currently frozen in the United States under sanctions linked to Moscow’s 2022 invasion of Ukraine.
Putin framed the potential donation as part of Russia’s “special relations with the Palestinian people,” saying the funds would primarily support the reconstruction of the Gaza Strip and broader humanitarian objectives. He also said that discussions on how to apply remaining frozen funds — potentially to rebuild war-torn regions of Ukraine — are underway with U.S. envoys.
However, the Kremlin has clarified that any transfer of these funds would likely require unfreezing or legal clearance from U.S. authorities, and Moscow has not relinquished its claim to the overall frozen assets.
Diplomatic Ripples and Strategic Calculations
The offer comes as the Board of Peace seeks to attract around 60 countries to participate. Russia and Belarus are among those formally invited, and Putin has instructed the Russian Foreign Ministry to review the proposal and consult strategic partners before making a final decision.
The announcement has drawn scrutiny from other global capitals. Ukrainian President Volodymyr Zelenskyy has publicly questioned any joint format that includes Russia, given ongoing hostilities, while European nations have voiced both cautious interest and deep scepticism.
Critics argue that the Board — shaped around Trump’s leadership and requiring hefty financial commitments — lacks clear mechanisms for accountability and may compete with traditional institutions like the U.N. Security Council. Supporters counter that it could mobilise new resources and political will where conventional diplomacy has stalled.
What Happens Next
The world will be watching how this proposal unfolds on multiple fronts:
• Legal and financial hurdles: Unfreezing and reallocating sovereign assets tied to sanctions regimes involves complex legal and diplomatic negotiations.
• Political alignment: Countries will weigh the benefits of joining the board — and paying for permanent seats — against concerns about legitimacy and geopolitical implications.
• Conflict outcomes: The success of the initiative could hinge on tangible progress in Gaza’s reconstruction and broader efforts — including an eventual settlement of the Russia-Ukraine war.
As the Board of Peace initiative evolves, this unprecedented $1 billion offer — and what it symbolizes in an increasingly fractious global order — may prove a defining moment in post-conflict diplomacy.
Attached is a news article regarding 1 billion from Russia to Trump as a peace deal to the peace council
Article written and configured by Christopher Stanley
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