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Frozen billions to rebuild Gaza? Putin reveals talks to tap Russian assets held in US vaults | Watch

Published on Jan 23, 2026 01:12 am IST

Putin said Russia will discuss using Russian sovereign assets frozen in the United States to help fund the reconstruction of Gaza, linking the idea to President Trump’s “Board of Peace” initiative. Russian President signaled Moscow is ready to allocate $1 billion from those blocked funds, but noted the proposal would require US authorities to unfreeze the assets and that the legal mechanism still needs to be worked out, according to Russian officials and reports.

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