US President Donald Trump has commented on Russian President Vladimir Putin’s proposal to use frozen Russian assets to facilitate Russia’s entry into Trump’s envisioned “Board of Peace.” Speaking to reporters aboard Air Force One while returning from the World Economic Forum (WEF) in Davos on Thursday, Trump described the idea as “very interesting,” but underscored that any funds used must belong personally to Putin.
The proposal emerged during discussions about international security and diplomacy, with Putin reportedly suggesting that his personal funds from frozen assets could support participation in the board. When asked whether he would allow Russia to use frozen state-owned assets for the initiative, Trump clarified that he was only open to funds owned directly by Putin. “Very interesting. But he said he’s going to use his own money—his money. I think that’s fine,” Trump told reporters.
The “Board of Peace” is a concept proposed by Trump as a global initiative aimed at conflict resolution, diplomatic dialogue, and the promotion of peace. While details remain sparse, the initiative has attracted attention for its unusual approach, which includes private funding and non-governmental participation. Trump’s comments suggest that he is considering ways to make the board inclusive, provided contributions are voluntary and legally permissible.
Experts note that the use of frozen Russian assets for international projects would be highly sensitive. Most of these funds are currently frozen due to sanctions imposed by the US, EU, and other countries following the Russian invasion of Ukraine. Any attempt to redirect these assets could raise legal, political, and ethical concerns, particularly within the context of US foreign policy and international law.
Trump’s cautious yet receptive response highlights his willingness to explore innovative diplomatic mechanisms while remaining aware of legal constraints. By emphasizing that only Putin’s personal funds could be considered, Trump seeks to separate state-owned assets from private contributions, maintaining alignment with sanctions and international regulations.
The interaction also reflects ongoing global conversations about frozen Russian assets and their potential use. Several world leaders have discussed allocating frozen funds for reconstruction in Ukraine or humanitarian projects, making Putin’s proposal for the “Board of Peace” part of a broader dialogue on repurposing sanctioned assets.
Political analysts suggest that Trump’s public remarks could signal an intention to keep diplomatic channels open with Russia while simultaneously generating media attention for his peace initiative. The response may also serve to differentiate Trump’s approach from current US government policy, highlighting a private-sector-led model of international diplomacy.
As discussions continue, the proposal will likely face scrutiny from legal experts, international observers, and US policymakers. The concept of using frozen assets, even from personal holdings, raises questions about transparency, accountability, and adherence to sanctions, which will be critical in determining whether the initiative can move forward.
