“It’s all about business”: Trump’s peace plan was actually created by three people in Miami Beach, – FT

Marta Gichko12:39, November 29, 2025

The negotiators discussed the use of frozen Russian assets, investments in the Arctic, and space projects.

Last month, a closed meeting took place in Miami Beach that could significantly change Washington’s approach to Russia’s war against Ukraine. Participants in the secret talks included Donald Trump’s special envoy, Steve Witkoff , his son-in-law, Jared Kushner, and one of Vladimir Putin’s key emissaries, Kirill Dmitriev, according to the Financial Times.

They gathered to discuss a possible plan to end the war. But, according to Western sources, the real goal was much broader.

According to sources, Russian negotiator Kirill Dmitriev, head of Russia’s sovereign wealth fund and a close confidant of Putin, presented the Americans with a large-scale $2 trillion plan for rebuilding the Russian economy. It centers on private US-Russian projects, access to Arctic resources, and the use of approximately $300 billion in frozen Russian assets in Europe. He envisioned these funds as an investment foundation, including for the “reconstruction of Ukraine under US leadership.”

Jared Kushner, owner of the investment fund Affinity Partners and son-in-law of the US President, also joined the meeting between Whitkoff and Dmitriev. Together with Whitkoff, he was expected to ensure American businesses would have an advantage over European ones in future Russian and Arctic projects.

Dmitriev’s plan also envisioned more ambitious developments: joint US-Russian space technology development, including a mission to Mars in partnership with SpaceX. According to the Kremlin, this would help convince Washington to view Russia not as a threat, but as an economic opportunity—an approach Moscow had been promoting even before Donald Trump’s inauguration.

“It’s about business”

The Kremlin is attempting to use business interests to change geopolitics: multi-billion dollar deals in energy and rare earth metals mining could redraw the map of Europe and weaken US ties with its European allies.

Meetings between members of Putin’s inner circle—Timchenko, Kovalchuk, and the Rotenberg brothers—and American companies also signaled the seriousness of their intentions. The talks even discussed the possible “revival” of the Nord Stream gas pipeline, despite its failure and EU sanctions.

In the West, such initiatives are viewed with extreme caution. Polish Prime Minister Donald Tusk summarized the process briefly:

“We know this isn’t about peace. This is about business.”

(C)UNIAN 2025

4 comments

  1. Well that all sounds great and very lucrative.
    The trouble is Russians NEVER bargain in good faith even when it is in the best interests to do so.
    None of the deals mentioned can’t be undone with a stroke of a pen saying it was illegal.
    Arctic access can become a weapon as soon as the US starts using it with the threat of being cut off.
    All of which they will do an a nanosecond if their imperial ambitions are hindered.
    Business and trade are built on trust and reliability.
    Something Russia knows nothing about.

  2. The two most corrupt people on earth doing business. What could go wrong? If TACO wants this deal to get started quickly, he’s pressuring the wrong side.

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