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Informative · Russia-Ukraine war

Russia just started talking postwar business with America before any peace deal

1 hour ago · 2 October 2026Share
Vice President Joe Biden and Russian President Dmitry Medvedev at the Gorky Dacha outside Moscow, March 9, 2011.
Vice President Joe Biden talks with Russian President Dmitry Medvedev at the Gorky Dacha outside Moscow, Russia, March 9, 2011. File photo. (Official White House Photo by David Lienemann) · Public domain

Russia and America just sat down in Washington to talk about life after the war in Ukraine.

Before the war is even over.

Kirill Dmitriev flew in four days ago. He runs Russia's sovereign wealth fund and carries the formal title of Putin's special envoy for investment and economic cooperation. He met officials from the US Treasury and Energy departments.

A US official told Reuters the talks were constructive. They covered a peaceful end to the war, and possible US-Russia energy projects once the fighting stops.

So who is Kirill Dmitriev? He's US-educated. He worked at Goldman Sachs and at McKinsey. In Moscow, he's seen as the negotiator most comfortable sitting across from Washington.

And this wasn't his first trip this month.

About nine days ago he was in New York for the UN General Assembly. He met Steve Witkoff and Jared Kushner, two of Donald Trump's envoys. In those talks he'd already landed a sanctions waiver for Russian oil shipped by sea, plus several prisoner swaps between Russia and America.

And about four weeks ago, Steve Witkoff and Jared Kushner went the other way. They sat down with Vladimir Putin himself, in Moscow, on 5 September.

So this isn't one meeting. It's a channel that's been running for weeks.

It also came about a week after Donald Trump met Volodymyr Zelensky in New York. Volodymyr Zelensky said afterwards they'd discussed a possible ceasefire limited to energy targets.

Now here's the twist.

The Americans in the room with Kirill Dmitriev weren't from the State Department. They were from Treasury and Energy.

So this wasn't a conversation about a ceasefire line or where troops sit. It was about money. And energy projects. The kind of talk you have once a war is over. Not while it's still running.

The Kremlin has confirmed the shape of the visit. Not the detail.

Dmitry Peskov, the Kremlin's spokesperson, said a day ago that Kirill Dmitriev had briefed Vladimir Putin on what came out of his US contacts. He said the Moscow-Washington dialogue is continuing.

But Dmitry Peskov told it differently to how the American side did.

He said Russia believes the two countries could be cooperating on economic projects right now. He called it unfortunate that Washington keeps tying that economic track to a full Ukraine settlement first.

The rest of this story is for members.

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