The Russian Foreign Ministry said on Thursday that the United States needed to formulate its policy on ending the conflict in Ukraine and that Moscow could then base its own position on specific U.S.

The United States may present a plan to end Russia's war against Ukraine as early as next week. This is likely to happen at the Munich Security Conference, scheduled for February 14-16, Bloomberg reports.

US President Donald Trump has said he wants access to Ukraine’s mineral deposits in exchange for future military aid that Kyiv needs as it continues to defend itself against Russia’s aggression.

President Donald Trump on Monday suggested that future U.S. military aid to Ukraine could be given in exchange for valuable natural resources, echoing an idea that Ukrainian President Vlodomyr Zelenskyy originally proposed in October.

Russia said that discussions with Washington were underway regarding potential peace talks to end the war nearly three years after Moscow’s full-scale invasion.

U.S. allies expect President Donald Trump’s administration to present a long-awaited plan to end Russia’s war on Ukraine at the Munich Security Conference in Germany next week, according to people familiar with the matter.