In his televised remarks at the meeting of the Russian Security Council late on Wednesday night, Putin also announced to donate $1 billion to the Trump-promoted Board of Peace to oversee the Gaza ceasefire plan from the frozen assets.
Read Also: South Korea's economy shrinks; net exports and domestic housing demand in focus
“Incidentally, the remaining funds from our frozen assets in the US 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 US administration,” he said.
American envoys Steve Witkoff and Jared Kushner are expected to meet with Putin on a possible Ukrainian solution on Thursday.
