Published by Global Banking and Finance Review
Posted on December 12, 2025
MOSCOW, Dec 12 (Reuters) - Kremlin foreign policy aide Yuri Ushakov said on Friday that Moscow has not seen revised U.S. proposals made after the most recent talks with Ukraine, but that it may not like parts of them.
Ukrainian President Volodymyr Zelenskiy said on Wednesday Kyiv had agreed on key points of a post-war reconstruction plan in talks with U.S. President Donald Trump's son-in-law, Jared Kushner, and other top officials.
Zelenskiy said work on an "economic document" was proceeding and that Ukraine was "fully aligned with the American side."
The United States has sought to establish an investment fund in Ukraine for sectors including rare metals as a central aspect of the country's post-war reconstruction.
Moscow has also signalled its interest in attracting foreign investment after the Wall Street Journal reported that Washington's peace plan includes proposals to invest in Russian rare earths and energy.
Ushakov, the Kremlin aide, said on Friday that the Russian side hadn't yet seen the new proposals, but suggested Moscow may not look upon them favourably.
"...We haven't seen the revised versions of the American drafts. When we see them, we may not like a lot of things, that's how I sense it," Ushakov told reporters.
He added that European and Ukrainian officials were expected to engage in an "active brainstorming session" over the weekend, and that the Kremlin needed to see what the outcome would be.
Russian Foreign Minister Sergei Lavrov said on Thursday that there were no lingering "misunderstandings" with Washington over Ukraine, but added that Moscow wanted any peace plan to include collective security guarantees for all parties involved.
(Reporting by Reuters, Writing by Lucy Papachristou and Felix Light; Editing by Gleb Bryanski)
Foreign currency refers to any currency other than the domestic currency of a country. It is used for international transactions and trade, allowing businesses and individuals to conduct exchanges across borders.
An investment fund is a pool of money collected from multiple investors to purchase securities such as stocks, bonds, or other assets. It allows investors to diversify their portfolios and access professional management.
A financial crisis is a situation in which the value of financial institutions or assets drops significantly. It often leads to a loss of confidence in the economy, resulting in reduced spending and investment.
A central bank is a national institution that manages a country's currency, money supply, and interest rates. It oversees the banking system and implements monetary policy to achieve economic stability.
Explore more articles in the Headlines category
