Published by Global Banking & Finance Review®
Posted on January 22, 2026
2 min readLast updated: January 22, 2026
Add as preferred source on GooglePutin will meet US envoys to discuss frozen assets and peace initiatives related to the Russia-Ukraine conflict.
Jan 21 (Reuters) - Russian President Vladimir Putin said on Wednesday he would meet on Thursday with U.S. envoys Steve Witkoff and Jared Kushner, who have been tasked with finding a solution to Russia's nearly four-year-old war with Ukraine.
Putin, quoted by Russian news agencies, said during a meeting of Russia's Security Council that he would discuss the possible use of frozen Russian assets with the U.S. envoys in connection with recovery work in regions affected by the war.
"This possibility is also under discussion with representatives of the U.S. administration," Russian news agencies quoted him as saying.
Putin said he would also discuss use of the assets with Palestinian President Mahmoud Abbas, scheduled to meet with the Russian leader on Thursday.
Putin said as well that Russia's Foreign Ministry had been instructed to study U.S. President Donald Trump's invitation to join his proposed Board of Peace and would reply in due course.
Putin said he saw the proposal mainly as part of efforts to deal with a Middle East peace settlement.
Even before any decision on joining the Board, Putin said Moscow was ready to provide $1 billion - as required by Trump for long-term membership - from the frozen assets "in view of Russia's special relations with the Palestinian people".
(Reporting by Ronald Popeski; Editing by Franklin Paul and Tom Hogue)
An international financial institution is an organization that provides financial services and support to countries for development and economic stability, such as the World Bank.
A peace initiative is a proposal or plan aimed at resolving conflicts and promoting peace, often involving negotiations and cooperation among involved parties.
Foreign currency refers to the money used in other countries, which can be exchanged for the local currency at varying exchange rates.
Investment is the act of allocating resources, usually money, in order to generate income or profit over time.
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