Logo
Daily Brief
Following
The Ukraine Peace Deal

The Ukraine Peace Deal

Trump's Push to End Europe's Largest War Since 1945

Today: U.S. and Ukraine Announce Consensus

Overview

After nearly four years of war that killed hundreds of thousands and displaced millions, Ukraine and the United States reached consensus on most points of a 20-point peace framework to end the conflict with Russia. The plan includes NATO-style security guarantees, an 800,000-strong Ukrainian military, and satellite-monitored ceasefire mechanisms. If Russia violates the truce, military response and full sanctions get triggered automatically.

But the deal hinges on two unresolved flashpoints: who controls the Donbas industrial heartland and the Zaporizhzhia nuclear plant. Russia holds about 90% of the Donbas, including coal reserves and critical minerals worth trillions. Ukraine's counterproposal—free economic zones subject to referendum—hasn't moved Moscow. Without territorial consensus, the framework remains a blueprint for peace, not peace itself.

Key Indicators

20%
Ukrainian territory under Russian occupation
Russia controls roughly one-fifth of Ukraine after nearly four years of war
800,000
Proposed peacetime Ukrainian military size
Part of bilateral security framework to deter future Russian aggression
2
Unresolved sticking points
Donbas territorial control and Zaporizhzhia nuclear plant remain disputed
90%
Consensus reached on peace plan points
Ukraine and U.S. aligned on 18 of 20 framework provisions

People Involved

Volodymyr Zelenskyy
Volodymyr Zelenskyy
President of Ukraine (Leading peace negotiations while defending Ukrainian sovereignty)
Vladimir Putin
Vladimir Putin
President of Russia (Controlling occupied Ukrainian territory, evaluating peace proposal)
Donald Trump
Donald Trump
President of the United States (Pressuring both sides to reach peace agreement)
Steve Witkoff
Steve Witkoff
U.S. Special Envoy for Peace (Leading Ukraine-Russia peace negotiations for Trump administration)
Rustem Umerov
Rustem Umerov
Secretary of National Security and Defence Council of Ukraine (Leading Ukrainian delegation in peace negotiations)

Organizations Involved

North Atlantic Treaty Organization (NATO)
North Atlantic Treaty Organization (NATO)
Military Alliance
Status: Providing security framework model for Ukraine guarantees

NATO's Article 5 mutual defense clause is the template for proposed Ukraine security guarantees.

European Union
European Union
Political and Economic Union
Status: Developing security guarantee framework, led by France and UK

The EU is crafting security plans where European forces guarantee Ukraine's air, land, and sea defense.

Timeline

  1. U.S. and Ukraine Announce Consensus

    Statement

    Both nations confirm agreement on framework including security guarantees and peacetime military size. Territorial disputes remain.

  2. Zelensky Unveils 20-Point Framework

    Statement

    Ukrainian president reveals peace plan details publicly for first time, noting consensus on 18 of 20 points.

  3. Miami Peace Talks Held

    Negotiation

    Ukrainian delegation led by Umerov meets separately with American counterparts. Witkoff calls talks "constructive."

  4. Witkoff and Kushner Meet Putin

    Negotiation

    Trump's envoys spend five hours in Kremlin trying to convince Putin to accept updated peace plan.

  5. Trump Halts Military Aid to Ukraine

    Political

    New administration stops U.S.-funded military assistance, prioritizes diplomatic solution.

  6. Trump Wins Presidential Election

    Political

    Donald Trump elected U.S. president, promises to end Ukraine war quickly.

  7. Ukraine Invades Russian Territory

    Military

    Ukrainian forces launch surprise cross-border offensive into Kursk Oblast, capturing 1,250 square kilometers.

  8. Russia Captures Avdiivka

    Military

    Ukrainian stronghold falls after months of grinding assault, opening path for Russian advance.

  9. Zelensky Replaces Top General

    Political

    Valerii Zaluzhnyi fired, replaced by Oleksandr Syrsky amid strategic disagreements.

  10. Ukrainian Counteroffensive Stalls

    Military

    Commander Zaluzhnyi calls war a stalemate after failed summer offensive gains minimal territory.

  11. Wagner Mercenaries March on Moscow

    Political

    Yevgeny Prigozhin leads rebellion, advances toward Moscow before deal ends mutiny. Dies two months later.

  12. Ukraine Liberates Kherson

    Military

    Ukrainian forces retake Kherson city and all land west of the Dnipro River.

  13. Russia Illegally Annexes Four Regions

    Political

    Putin declares Donetsk, Luhansk, Zaporizhzhia, and Kherson part of Russia without controlling them fully.

  14. Russian Forces Retreat from Kyiv

    Military

    After failing to capture the capital, Russian troops withdraw north. Bucha massacre discovered.

  15. Russia Invades Ukraine

    Military

    Putin launches full-scale invasion, calling it a "special military operation." Zelensky refuses evacuation.

Scenarios

1

Putin Accepts Territorial Compromise, War Ends

Discussed by: Optimistic Western analysts and some Trump administration officials

Russia agrees to free economic zones in Donbas subject to future referendum, accepts satellite monitoring, and signs the framework. European forces deploy to guarantee Ukrainian borders. Sanctions lift gradually. Ukraine begins EU accession talks and rebuilds with Western investment. The deal holds for several years, though frozen territorial disputes simmer like Korea's DMZ. This requires Putin to abandon maximalist demands and Trump to deliver credible security guarantees—both increasingly unlikely as Russia continues advancing and Trump's deadline rhetoric escalates without substance.

2

Framework Collapses, War Grinds On

Discussed by: Analysts at Council on Foreign Relations, European Council on Foreign Relations, skeptical Ukraine observers

Putin rejects any deal that doesn't formalize Russian control of all annexed territories, including parts Ukraine still holds. Trump blames Zelensky for intransigence and further cuts U.S. support. European security guarantees prove hollow without American commitment. The war continues as a grinding stalemate—Russia slowly advances in Donbas, Ukraine holds defensive lines, neither side achieves decisive victory. This mirrors the failed Minsk agreements: ambitious framework, fundamental disagreements papered over, eventual collapse when neither side compromises core demands.

3

Frozen Conflict with Unstable Ceasefire

Discussed by: Foreign policy experts citing Bosnia Dayton Accords and Korean War parallels

Both sides accept an armistice without resolving territorial control, creating another frozen conflict. A demilitarized zone separates forces, monitoring mechanisms prevent major escalation, but occasional shelling continues. Russia keeps occupied territory, Ukraine doesn't formally cede it. The Zaporizhzhia nuclear plant remains contested. Ukraine gets partial EU integration and some security guarantees, though not NATO membership. Twenty years from now, analysts write about how the Kyiv Accords froze progress rather than achieving peace—just like Dayton did in Bosnia.

4

Ukraine Pressured Into Capitulation

Discussed by: Ukrainian officials, European allies concerned about Trump's deference to Putin

Trump threatens to abandon Ukraine entirely unless Zelensky accepts Putin's terms. European security guarantees evaporate without U.S. backing. Facing military collapse, Ukraine cedes the entire Donbas, Zaporizhzhia, and Crimea. Russia gets sanctions relief, territorial gains, and vindication. Zelensky falls from power, blamed for losing the war. Putin interprets this as Western weakness and eyes Moldova and the Baltics next. This nightmare scenario drives Ukrainian resistance to quick deals—they remember Minsk, remember Budapest, remember every promise that evaporated when convenient.

Historical Context

Korean War Armistice (1953)

1950-1953

What Happened

After three years of war, the United Nations Command and North Korea signed an armistice establishing a demilitarized zone along the existing battle line. Negotiations dragged for two years, primarily over prisoner repatriation. The agreement suspended hostilities but didn't create lasting peace—South Korea never signed it. Both sides withdrew forces 1.2 miles from the boundary, creating the DMZ.

Outcome

Short term: Fighting stopped. The border remained roughly where it started at the 38th parallel.

Long term: Seven decades later, Korea remains divided. The armistice created one of the world's most enduring frozen conflicts.

Why It's Relevant

Shows how territorial disputes can freeze indefinitely when neither side surrenders claims. Ukraine risks the same: a ceasefire without territorial resolution becomes permanent division.

Minsk Agreements (2014-2015)

2014-2015

What Happened

After Russia's 2014 invasion of eastern Ukraine with proxy forces, France and Germany brokered two ceasefire agreements in Minsk. Both were violated immediately and repeatedly. Russia positioned itself as neutral mediator while actually being the aggressor. The deals gave Russia de facto control over Donbas without formally ending the conflict.

Outcome

Short term: Ceasefires failed within weeks. Fighting continued at lower intensity until 2022.

Long term: The agreements collapsed entirely when Russia launched its full invasion in 2022, rendering Minsk irrelevant.

Why It's Relevant

Direct predecessor to current negotiations—same region, same opponent, same tactics. Ukraine learned that agreements with Russia without enforcement mechanisms are worthless.

Dayton Accords (1995)

1992-1995

What Happened

After four years of Bosnian War that killed 250,000 people, U.S.-led negotiations in Dayton, Ohio produced a framework dividing Bosnia into two entities: 51% for the Bosniak-Croat federation, 49% for Republika Srpska. The agreement ended active fighting but created a dysfunctional state divided along ethnic-territorial lines that had sparked the war.

Outcome

Short term: The war ended. NATO peacekeepers deployed. Refugees began returning.

Long term: Nearly 30 years later, Bosnia remains politically paralyzed. Dayton froze conflict but also froze progress toward functional government.

Why It's Relevant

The clearest parallel for Ukraine's potential outcome: peace that stops the dying but entrenches division. Shows how territorial compromises can create unstable frozen conflicts.