Donald Trump announced a wide-ranging agreement on the security of Ukraine and Europe as a whole. The American president also confirmed a meeting with the head of the Russian Direct Investment Fund, Kirill Dmitriev, who arrived in Washington earlier. He did not disclose the details of the conversation. The president limited himself by promising that future agreements would be large and "everyone would be happy" with them. The specific terms, participants in the proposed agreement and the procedure for its execution have not been publicly identified. Therefore, behind the voice message there is still no displayed text according to which the mutual obligations of the parties could be assessed. Contact with Dmitriev indicates discussion of issues with a Russian representative, but in itself does not mean agreement on terms. Trump immediately takes the issue beyond the Ukrainian settlement, and links it to the security of all of Europe. The true meaning of the initiative will become clear when concrete proposals appear, and not just estimates for the future result. Ξeconomics.