The Ukrainian president said on Feb. 6 that intelligence had briefed him on what he described as a roughly $12 trillion framework for large-scale economic cooperation between Moscow and Washington.
The reference is to Kirill Dmitriev, an envoy who heads Russia's sovereign wealth fund and has remained engaged with top U.S. officials, including Special Envoy Steve Witkoff.
The White House twice declined to confirm the existence of such proposals in comments to the Kyiv Independent — first after Zelensky's disclosure and again following a subsequent Bloomberg reporting.
The Russian acknowledgment marks the first official signal that such proposals are on the table as the U.S. pushes for a deal to end Russia's war against Ukraine.
Citing an internal Russian memo prepared earlier this year, the outlet said Moscow wants relief from restrictions that have cut it off from the dollar payment system.
Russia reportedly views the restoration of dollar-based settlements as part of a potential peace deal. The memo outlines seven areas of possible U.S.-Russia cooperation.
Beyond regaining access to dollar transactions, Moscow reportedly seeks long-term contracts for American aircraft to modernize Russia's commercial fleet, as well as joint ventures in hard-to-recover oil extraction and liquefied natural gas production.
The Kremlin has long sought the lifting of U.S. sanctions on its aviation sector.
The proposals also include cooperation in nuclear energy, and expanded mining projects for lithium, copper, nickel, and platinum.
To sweeten the offer, the Kremlin signals it is ready to factor in previous American investments in Russia and contribute to compensation for losses incurred after Western companies exited the market following the start of Moscow's all-out war.
U.S. firms would receive preferential treatment if they return to Russia's market.
The plan also envisions joint efforts to promote fossil fuels globally as an alternative to the so-called "green" climate-focused policies." KI
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