Friday, January 23, 2026
16.1 C
New Delhi

Board of Peace: Trump calls Putin’s idea of using frozen Russian assets ‘interesting’

Board of Peace: Donald Trump calls Putin’s idea of using frozen Russian assets ‘very interesting’

File photo: US President Donald Trump with Russian President Vladimir Putin (Picture credit: AP)

US President Donald Trump has reacted cautiously but positively to Russian President Vladimir Putin’s suggestion that he could use frozen Russian assets to pay for entry into Trump’s proposed “Board of Peace”. Speaking to reporters aboard Air Force One while returning from the World Economic Forum (WEF) in Davos on Thursday, Trump said he was open to the idea if the funds were Putin’s own.Asked whether he would allow Putin to use frozen Russian assets for the contribution, Trump said, “I don’t know about that. I mean, I’ve heard that.” After the reporter clarified that the comment came from Putin himself, Trump responded, “Very interesting. But he said he’s going to use his money. His money. I think that’s fine.”Trump added that Putin had indicated he would contribute $1 billion to join the Board of Peace. “He’s going to join the Board of Peace and he’s going to make a contribution of a billion dollars by using his money. I mean, if he’s using his money, that’s great. I think it’s important to have everybody,” Trump said.

Putin signals use of frozen assets

Earlier, Putin suggested that Russia could contribute $1 billion from Russian assets currently frozen in the United States to Trump’s Board of Peace. He also said frozen funds could later be used to rebuild Ukrainian regions after a peace treaty is signed. Putin said the proposal had been discussed with Washington and would be taken up during talks with Trump’s envoys in Moscow.

About Trump’s Board of Peace

Trump signed the charter of the Board of Peace at Davos on Thursday, with permanent membership likely requiring a $1 billion contribution. The body was initially tasked to oversee peace efforts linked to Gaza but is not limited to the region, raising concerns that it could function as a parallel forum to the United Nations. Around 35 world leaders have confirmed participation so far, with strong backing from several Middle Eastern countries, while key US allies such as France and the United Kingdom have expressed doubts and opted to stay away for now.

Go to Source

Hot this week

‘Fascism at its peak’: Pakistan cops arrest lawyers over anti-army protests; bar bodies announce strikes

Imaan Zainab Mazari-Hazir and Hadi Ali Chattha Pakistan’s prominent human rights lawyer Imaan Zainab Mazari-Hazir and her husband, advocate Hadi Ali Chattha, were arrested on Friday while travelling to a court in Islamabad. Read More

Fact check: Was IShowSpeed assaulted and robbed in Nigeria during his African tour?

Viral posts claimed IShowSpeed was assaulted and robbed in Lagos during his Africa tour. A fact check found no evidence supporting the claim. Read More

Candace Owens shares alleged threatening messages sent to Charlie Kirk and questions Erika Kirk’s leadership after his murder

Candace Owens escalated her feud with Turning Point USA by sharing alleged donor messages sent to Charlie Kirk and accusing the group of intimidating employees after his death. Read More

The nature of money: UN says world spends $220 bn protecting nature — and $7.3 tn harming it

The UN Environment Programme (UNEP), in its report State of Finance for Nature 2026, estimates that activities directly harmful to nature accounted for $7. Read More

Portugal expects stability following presidential election, says minister

Portugal’s Finance Minister Joaquim Miranda Sarmento has ruled out any political upheaval following the upcoming presidential run-off, expressing confidence that the centre-right government will maintain fiscal discipline and stability. Read More

Topics

‘Fascism at its peak’: Pakistan cops arrest lawyers over anti-army protests; bar bodies announce strikes

Imaan Zainab Mazari-Hazir and Hadi Ali Chattha Pakistan’s prominent human rights lawyer Imaan Zainab Mazari-Hazir and her husband, advocate Hadi Ali Chattha, were arrested on Friday while travelling to a court in Islamabad. Read More

Fact check: Was IShowSpeed assaulted and robbed in Nigeria during his African tour?

Viral posts claimed IShowSpeed was assaulted and robbed in Lagos during his Africa tour. A fact check found no evidence supporting the claim. Read More

Candace Owens shares alleged threatening messages sent to Charlie Kirk and questions Erika Kirk’s leadership after his murder

Candace Owens escalated her feud with Turning Point USA by sharing alleged donor messages sent to Charlie Kirk and accusing the group of intimidating employees after his death. Read More

The nature of money: UN says world spends $220 bn protecting nature — and $7.3 tn harming it

The UN Environment Programme (UNEP), in its report State of Finance for Nature 2026, estimates that activities directly harmful to nature accounted for $7. Read More

Portugal expects stability following presidential election, says minister

Portugal’s Finance Minister Joaquim Miranda Sarmento has ruled out any political upheaval following the upcoming presidential run-off, expressing confidence that the centre-right government will maintain fiscal discipline and stability. Read More

Experience-First Travel: How Indian Travellers Are Redefining The Meaning Of A Holiday

Experience-first travel is changing how Indians holiday by focusing on depth, culture, nature, and curated journeys over packed itineraries. Read More

Precision, Poise, And A New Language Of Luxury: Inside Season 3 Of Invitational Golf Experience

A refined blend of golf, craftsmanship and modern luxury, Glenfiddich’s Invitational Experience Season 3 celebrates precision and legacy. Read More

J&K encounter: One terrorist killed in Kathua; anti-terror operation on since Jan 7

The TOI News Desk comprises a dedicated and tireless team of journalists who operate around the clock to deliver the most current and comprehensive news and updates to the readers of The Times of India worldwide. Read More

Related Articles