Vladimir Putin will be ‘expected’ not to invade his neighbours, Russia will be welcomed back into the G8, and the U.S. will receive significant financial rewards under Donald Trump‘s 28-point peace plan to end the war in Ukraine.
The full details of the controversial proposal, drafted secretly by American and Russian officials, have been revealed – and they require Volodymyr Zelensky to make huge concessions to Moscow.
The plan would limit Ukraine’s military to 600,000 personnel – from more than 900,000 currently – and ban the country from seeking membership in the NATO military alliance.
Only one line in the plan is dedicated to Ukraine’s unspecified ‘security guarantees’, and it bars the deployment of any NATO troops from the UK-led coalition of the willing on its territory.
Crimea, the peninsula Putin annexed in 2014, would be internationally recognised as de facto Russian, alongside the Donbas regions of Donetsk and Luhansk.
The Russian economy would receive a boost as part of a long-term economic cooperation agreement with the U.S., which will involve rare earth metal extraction projects in the Arctic.
Moscow would be granted roughly two-thirds of the €300bn (£265bn) of sovereign assets frozen in Europe, with the remaining the remaining €100bn going towards reconstruction in war-torn Ukraine.
The U.S. would reap the benefits of the rebuilding projects, receiving 50 per cent of profits, while Europe would be expected to contribute another €100 billion to efforts.
The Ukrainian President is expected to meet with Donald Trump in the coming days
Ukraine’s President Volodymyr Zelensky attends a joint press conference with Turkey’s President following their meeting at the Presidential Complex in Ankara on November 19, 2025
Drafted by Trump’s envoy, Steve Witkoff, and Kremlin adviser, Kirill Dmitriev, the plan was presented to Rustem Umerov, a high-ranking member of Zelensky’s government, earlier this week in Miami.
He ‘agreed to the majority of the plan, after making several modifications, and presented it to President Zelensky,’ a senior U.S. official told CBS news.
The Ukrainian President is expected to meet with Trump in the coming days about the proposals, which has been described as ‘heavily tilted towards Vladimir Putin,’ by unnamed sources quoted in the Financial Times.
But Karoline Leavitt, the White House press secretary, rejected the notion that the plan called on Kyiv to make major concessions to the Kremlin, and insisted that the U.S. had engaged ‘equally with both sides’.
‘It’s a good plan for both Russia and Ukraine, and we believe that it should be acceptable to both sides,’ she said at a press conference.
But there is no escaping that fact that the proposal grants Moscow unprecedented political power in Ukraine, while making Kyiv vulnerable to future aggression and limited in its ability to defend itself.
The country will be banned from possessing long-range missiles, capabale of hitting St Petersburg or Moscow, and foreign jets providing assistance will have to be stationed in Poland.
Despite still controlling around 14.5 per cent of the territory there, Ukraine will be forced to surrender its industrial heartland – the mineral and coal-rich eastern Donbas region – which will become a demilitarised buffer zone internationally recognised as territory belonging to the Russian Federation.
Kherson and Zaporizhzhia will be frozen along the line of contact, and the Zaporizhzhia nuclear power plant will be relaunched under UN supervision and supply half of its supply to Ukraine and the rest to Russia.
‘After agreeing on future territorial arrangements, both the Russian Federation and Ukraine undertake not to change these arrangements by force. Any security guarantees will not apply in the event of a breach of this commitment,’ the proposal states.
Russian President Vladimir Putin speak during his visit to a command post of the West group of Russian Army at an undisclosed location, November 20, 2025
Ukraine will be required to hold elections in 100 days, while Russia would be reintegrated back into the global economy, freed from the burden of Western sanctions.
All parties will receive ‘full amnesty’ for their actions during the war, and agree ‘not to make any claims or consider any complaints’ in the future.
In a statement on X, Zelensky wrote: ‘The American side presented points of a plan to end the war- their vision. I outlined our key principles. We agreed that our teams will work on the points to ensure it’s all genuine.’
Ukrainian officials said the U.S. wanted Zelensky to sign the proposal before Thanksgiving, with falls on Thursday next week, with sources suggesting that the stiff deadline was unlikely to give Kyiv enough time to negotiate.
On Thursday, European countries pushed back agaisnt the plan, indicating they would not accept demands for Kyiv to make punishing concessions.
‘Ukrainians want peace – a just peace that respects everyone’s sovereignty, a durable peace that can’t be called into question by future aggression,’ said French Foreign Minister Jean-Noel Barrot.
‘But peace cannot be a capitulation.’
