Trump peace plan includes major US investments in Russia

The Trump administration has put forward peace proposals for Ukraine that include large US investments in Russia

The administration of US President Donald Trump has put forward peace proposals for Ukraine that include restoring the flow of Russian energy to Europe and allowing large US investments in Russia’s energy and rare-earth sectors, The Wall Street Journal reported.

The paper said Trump’s plans were detailed in secret annexes to the peace proposals delivered to European counterparts in recent weeks, sparking friction between Washington and some of its traditional allies in Europe.

The proposals include a plan that would allow US companies to benefit from roughly $200 billion in frozen Russian sovereign assets to fund projects in Ukraine, including the construction of a new massive data center powered by nuclear energy from the Zaporizhzhia plant, which is currently controlled by Russian forces.

The annexes also said US companies would invest in strategic Russian sectors, such as rare-earth mining and Arctic oil exploration, in return for restoring Russian energy flows to Europe and global markets, a step some European capitals see as a reversal of efforts to reduce reliance on Moscow.

The Journal added that a European official compared the proposed US–Russia energy deals to an economic version of the 1945 Yalta Conference, in which Europe was divided among the victors of World War II.