Russian President Vladimir Putin told Palestinian leader Mahmoud Abbas on Thursday ‍that Russia is ‍ready to send $1 billion ⁠dollars of Russian assets frozen in the U.S. ​to President Donald Trump's Board of ‍Peace initiative to support the ⁠Palestinian people, state news agency TASS reported.

Putin also said that the ⁠idea ​of ⁠using frozen Russian assets for ‍the Board of Peace ‌has previously been discussed with the U.S, ⁠Russian ​news ‍agency Interfax reported.