Moscow, Jan. 22 -- Russian President Vladimir Putin has responded to US President Donald Trump's invitation to join the "Peace Council", a new international body aimed at addressing global conflicts, including the Israeli-Palestinian issue, reported RT.

Putin expressed Russia's willingness to contribute $1 billion to the council, using frozen Russian assets in the US. He made the remarks during a speech to the Russian Security Council on Wednesday.

As per RT, Russia could provide USD 1 billion, "right now, even before we decide whether we'll take part... in the work of the Board of Peace," the Russian president said, citing Moscow's "special relations with the people of Palestine."

He stated that the money could be taken "from the Russ...