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Putin pledges $1 billion for Palestinian people

Meeting in Kremlin: Russian president supports Trump's Peace Council, Abbas calls Russia a "great friend of Palestine"

Jan 22, 2026 13:27, renew at Jan 22, 2026 13:30 45

Putin pledges $1 billion for Palestinian people  - 1

Russian President Vladimir Putin received Palestinian President Mahmoud Abbas in the Kremlin today, announcing Moscow's readiness to provide $1 billion for US President Donald Trump's Peace Council in support of the Palestinian people, TASS reports, citing Kremlin spokesman Dmitry Peskov, BTA reports.

Putin specified that the funds would be taken from frozen Russian assets in the US and added that this idea had already been discussed with Washington.

For his part, Mahmoud Abbas called Russia a "great friend of Palestine" and thanked for the support.