Vladimir Putin has been invited to join Donald Trump's "Board of Peace" for Gaza, according to Moscow.
The Kremlin's official spokesman Dimitry Peskov said the Russian President is currently studying the proposal.
President Trump is set to chair the organisation's "Executive Board", with other members including former Prime Minister Sir Tony Blair.
Mr Peskov said the Russian leader had "received an invitation through diplomatic channels to join this Peace Council...At the moment, we are studying all the details of this proposal and hope to have contacts with the American side to clarify all the nuances."
President Trump has invited 60 countries to join the "Board of Peace," including the UK.
It had previously been reported permanent membership will be available to those who pay $1billion, based on a draft charter published by Bloomberg over the weekend.
However, the White House called the report "misleading" and said there is no minimum membership fee to join the "Board of Peace".
"This simply offers permanent membership to partner countries who demonstrate deep commitment to peace, security, and prosperity."
Vladimir Putin has been invited to join the board
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Displaced Palestinians shelter at a tent camp in Khan Younis, southern Gaza
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Speaking at a press conference, Sir Keir Starmer said Britain was in discussions with its allies on the terms surrounding the future of the much destroyed Palestinian enclave.
Welcoming his invitation, Sir Tony Blair said: "The appointment this week of the national committee for the administration of Gaza is a massive step forward.
"It gives hope to people in Gaza that they can have a future different from the past and to the Israelis that they may have a neighbour which does not threaten its security.
"For Gaza and its people, we want a Gaza which does not reconstruct Gaza as it was but as it could and should be. And for the Israelis we want to ensure that the horrific events of October 7 2023 are never repeated.
"Both myself personally and my institute will continue to work and commit for this outcome and again I thank President Trump for his leadership which made this possible."
Sir Tony Blair is on Mr Trump's board | PALATEST DEVELOPMENTS
The “founding executive board" aims to lead long-term peace efforts in the Middle East, published by the White House on Friday.
This will be the operational arm of the "Board of Peace", aimed at preventing future conflict in the territory, which will be chaired by Mr Trump and other serving world leaders,
However, the Israeli government said on Saturday that the executive committee "was not co-ordinated with Israel and is contrary to its policy."
Prime Minister Benjamin Netanyahu has given instructions to the foreign ministry to contact US secretary of state Marco Rubio.
Mr Netanyahu seemingly rejected the plans for a 'Board of Peace'
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Israel and Hamas have accused each other of multiple ceasefire violations in Gaza where since the start of the truce in October over 440 Palestinians
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Israel and Hamas have accused each other of multiple ceasefire violations in Gaza where since the start of the truce in October over 440 Palestinians, including more than 100 children, and three Israeli soldiers have been reported killed.
The ceasefire has also been tested by the failure to retrieve the remains of one last Israeli hostage, Israeli delays in reopening Gaza's border crossing with Egypt, and Hamas' refusal so far to disarm.
President Trump said last week he was backing the newly appointed "Palestinian Technocratic Government".
The group will have 15 members and will be led by Ali Shaath, a former deputy minister in the Western-backed Palestinian Authority who had been in charge of developing industrial zones, according to a statement by mediators Egypt, Qatar and Turkey.
Chair of the Palestinian National Committee for the Administration of Gaza, Ali Shaath
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Mr Shaath, born in 1958, is originally from Khan Younis in southern Gaza.
He previously served as the deputy minister of planning in the Palestinian Authority in the occupied West Bank, where he currently resides.
In that role and others, he oversaw the development of several industrial zones in the West Bank and Gaza. He holds a PhD in Civil Engineering from Queen's University Belfast.
Shaath's upbeat assessment of the timeline for rebuilding Gaza is almost certain to face challenges as mediators struggle to agree terms on disarming Hamas, which refuses to give up its weapons, and deploying peacekeepers in the enclave.
According to a 2024 UN report, rebuilding Gaza's destroyed homes will take until at least 2040, but could drag on for many decades.
Much of Gaza has been left in ruins following the Israeli offensive on the enclave
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Palestinians wander through the rubble in Gaza
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Israel's assault on Gaza since late 2023 has killed tens of thousands, caused a hunger crisis and internally displaced Gaza's entire population.
Multiple rights experts, scholars and a UN inquiry say it amounts to genocide.
Israel has strongly rejected these claims, saying it took action in self-defence after October 7.