The Trump administration and Russian officials have drafted a peace proposal to end the Russia–Ukraine war that could see Kyiv give up the entire Donbas region and cut its armed forces by half, according to the Financial Times, which first reported the development.

The report said that one of the architects of the plan is Kirill Dmitriev, the head of Russia’s sovereign wealth fund and a close ally of President Vladimir Putin and that the plan is still at a framework stage.

Officials told the Financial Times that the plan was conveyed to Kyiv by Steve Witkoff, Trump’s special envoy to Ukraine, this week. Witkoff had recently met the current secretary of the national security and defence council of Ukraine and former defence minister, Rustem Umerov, in Miami to go over the 28 points of T

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