Breaking News:Rebuild Gaza, Ukraine: Putin responds to Trump’s ‘Board of Peace’ invite — what’s the $1bn frozen-asset offer?– What Just Happened

Russian President Vladimir Putin said he is prepared to allow the use of Russian assets frozen in the United States to help rebuild Ukrainian regions devastated by the war, once a peace treaty between Moscow and Kyiv is concluded.Putin also said Russia could contribute $1 billion from those US-based frozen assets to US President Donald Trump’s proposed Board of Peace, an initiative aimed at overseeing a ceasefire plan in Gaza.Also read | ‘He was invited, he’s accepted’: Trump says Putin agreed to join ‘Board of Peace’

The Russian leader said the proposal has already been discussed with Washington and would be taken up further during talks on Thursday with Trump’s envoys, Steve Witkoff and Jared Kushner, in Moscow.“Even before we resolve the issue of participation in the Peace Council and its work, given Russia’s special relationship with the Palestinian people, I believe we could direct one billion dollars to the Peace Council from Russian assets frozen under the previous US administration,” Putin said at a meeting of Russia’s Security Council.