Ahead of talks with US President Donald Trump’s special envoy Steve Witkoff on Thursday, Russian President Vladimir Putin expressed readiness to part with the frozen Russian assets for rebuilding war-torn Ukraine after a peace deal struck between the two former Soviet republics.

In his televised remarks at the meeting of the Russian Security Council late on Wednesday night, Putin also announced to donate $1 billion to the Trump-promoted Board of Peace to oversee the Gaza ceasefire plan from the frozen assets.