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Russia Confirms $12 Trillion Economic Proposal Linked to Ukraine Deal
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Published 1 hour ago on
February 17, 2026

Russian President Vladimir Putin with President Donald Trump before their summit meeting at Joint Base Elmendorf Richardson in Anchorage, Alaska, Aug. 15, 2025. If the United States under President Trump starts acting as if it’s Russia, where does that leave President Putin? (Doug Mills/The New York Times)

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Russia on Friday acknowledged a U.S.-Russia economic proposal tied to Ukraine, after President Volodymyr Zelensky disclosed what he called the roughly $12 trillion “Dmitriev package,” the Kyiv Independent reported.

The framework, linked to Kremlin envoy Kirill Dmitriev, envisions joint ventures in aviation, energy, mining, and fossil fuels, and restoration of dollar-based settlements for Russia.

Kremlin spokesperson Dmitry Peskov called the proposals a natural extension of shared interests.

The White House has declined to confirm the package. Analysts say Moscow appears tying progress on Ukraine to a broad reset of economic ties with Washington.

Read more at the Kyiv Independent. 

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