Ahead of talks with U.S. President Donald Trump’s special envoy Steve Witkoff on Thursday (January 22, 2026), Russian President Vladimir Putin expressed readiness to part with the frozen Russian assets for rebuilding war-torn Ukraine after a peace deal struck between the two former Soviet republics.
“Incidentally, the remaining funds from our frozen assets in the U.S. could be used to rebuild territories damaged by the fighting after a peace treaty is concluded between Russia and Ukraine. We are also discussing this possibility with representatives of the U.S. administration,” he said.
In his televised remarks at the meeting of the Russian Security Council late on Wednesday (January 21, 2026) night, Mr. Putin also announced to donate $1 billion to the Trump-promoted Board of Peace to oversee the Gaza ceasefire plan from the frozen assets.
American envoys Steve Witkoff and Jared Kushner are expected to meet with Mr. Putin on a possible Ukrainian solution on Thursday.
