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Story perspectives

Russia’s Dmitriev Proposes Peace Plan Amid Sanctions

11/26/2025

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Story summary
  • Kirill Dmitriev, head of Russia's sovereign wealth fund, is helping draft a proposal to end the war in Ukraine.
  • Dmitriev acts as a back-channel communicator between the Kremlin and allies of U.S. President Donald Trump.
  • Dmitriev's business-oriented approach and connections, including ties to the Putin family, position him uniquely for this role.
  • Dmitriev has been sanctioned by the United States since 2022.
  • Any proposals he drafts would require Kremlin approval.