The Kremlin has prepared a document highlighting a potential return of Russia to using the dollar, aiming to foster a broader economic collaboration with the Trump administration, especially in light of a possible agreement to end the war in Ukraine. This proposal emphasizes shared interests between Russia and the U.S. and outlines opportunities for cooperation in various sectors such as fossil fuels, natural gas, offshore oil, and critical raw materials, indicating potential benefits for American companies.

Significantly, this proposal marks a departure from the Kremlin's previous strategy of seeking alternative currencies and closer ties with China to diminish its reliance on the dollar. Western officials remain skeptical, believing that President Putin may not move forward with an agreement that conflicts with Chinese interests. As of now, it is unclear whether Russia has formally presented these proposals to the United States.

The seven points of the proposed agreement include long-term aviation contracts for modernizing the Russian aircraft fleet, alongside potential involvement from American industry. If realized, this cooperation could reshape economic dynamics significantly and reduce tensions, particularly in the energy sector, though its feasibility remains contingent on broader geopolitical considerations.