Ukraine, Europe draft 12-point peace plan—report
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Ukrainian officials and their European allies are preparing a 12-point peace proposal that would come into effect the moment Russia agrees to a ceasefire, Bloomberg reported on Oct. 21, citing informed sources.
Under the plan, a “peace board” led by U.S. President Donald Trump would oversee its implementation.
“Once Russia follows Ukraine in agreeing to a ceasefire and both sides commit to halting territorial advances, the proposals envisage the return of all deported children to Ukraine and exchanges of prisoners,” the report said.
“Ukraine would receive security guarantees, funds to repair war damage and a pathway to rapidly join the European Union.”
Sanctions on Russia would be lifted in stages, though roughly $300 billion in frozen Russian central bank reserves would be released only after the Kremlin agrees to contribute to Ukraine’s postwar reconstruction. The restrictions will snap back into force if Russia resumes hostilities.
Moscow and Kyiv are then expected to open negotiations on how to administer temporarily occupied territories, though neither Europe nor Ukraine intends to legally recognize those areas as Russian.
“Details of the plan are being finalized and could still change, the people cautioned, asking not to be identified discussing private deliberations,” the journalists add.
“Any proposal would also need buy-in from Washington and European officials may travel to the United States this week, the people said.”
In recent weeks, Trump has been mercurial in his approach to secure an end to the Russo–Ukrainian war. In September, he repeatedly said Ukraine could go on the offensive and liberate all its sovereign territory. This rhetoric took a U-turn after a phone call with Russian dictator Vladimir Putin on Oct. 16. The next day, according to several media reports, the U.S. president was pressuring Ukrainian President Volodymyr Zelenskyy to withdraw from heavily fortified Donetsk Oblast—an apparent Russian precondition for a ceasefire. After Zelenskyy’s refusal, Trump seemingly settled on pushing for a ceasefire along the current frontline, with no territorial exchanges.
As of Oct. 21, the previously announced Trump–Putin summit in Budapest was on hold, suggesting Moscow remains unwilling to end the fighting without getting more Ukrainian territory.
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