KYIV, Nov 12 – Tomas Fiala, founder and CEO of leading Ukrainian investment firm Dragon Capital, believes there is a greater than 50% chance of a ceasefire agreement in Russia's war against Ukraine by Q1 2025, especially following Donald Trump's U.S. election victory and his initial statements.

"I think, given the election results in the U.S. and Trump's early statements, there's now a more than 50% chance that a ceasefire agreement could be reached in the first quarter," Fiala told attendees at the European Business Association (EBA) general meeting in Kyiv on Tuesday, Interfax-Ukraine reported.