Russia Pledges $1 Billion to Support Palestinians

Russian President Vladimir Putin has expressed his commitment to transferring $1 billion in frozen Russian assets from the U.S. to support the Palestinian people via Donald Trump's Board of Peace Initiative, as reported by TASS. Discussions with the U.S. on this matter have been ongoing, according to Interfax.


Devdiscourse News Desk | Moscow | Updated: 22-01-2026 16:11 IST | Created: 22-01-2026 16:11 IST
Russia Pledges $1 Billion to Support Palestinians
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In a significant development, Russian President Vladimir Putin has announced Russia's readiness to direct $1 billion of its frozen assets in the U.S. to aid the Palestinian people through Donald Trump's Board of Peace initiative, according to state news agency TASS.

Putin affirmed that conversations about employing these frozen Russian assets for the Peace Board initiative have previously been held with the U.S., reported Russian news agency Interfax.

This move underscores Russia's ongoing engagement with the Palestinian leadership and potential collaboration with U.S. avenues to bolster peace efforts in the Middle East.

(With inputs from agencies.)

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