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Investing.com -- European nations are working with Ukraine on a 12-point proposal to end Russia’s war along current battle lines, countering Vladimir Putin’s demands for Ukraine to surrender territory.
The proposed peace plan would be overseen by a board chaired by US President Donald Trump, according to a report from Bloomberg News, citing people familiar with the matter.
The framework calls for both Russia and Ukraine to agree to a ceasefire and commit to halting territorial advances. Following this, all deported children would return to Ukraine and prisoner exchanges would take place.
Ukraine would receive security guarantees, reconstruction funding, and an accelerated path to European Union membership under the proposal.
Sanctions on Russia would be gradually lifted, though approximately $300 billion in frozen Russian central bank reserves would only be returned after Moscow agrees to contribute to Ukraine’s post-war reconstruction. The plan includes provisions for sanctions to be reimposed if Russia launches another attack on Ukraine.
The European-Ukrainian initiative represents a pushback against Putin’s recent demands to the US for territorial concessions from Kyiv as a condition for peace.
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