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Trump's Ukraine Peace Plan Draws Fire as Europe Calls It a 'Kremlin Wish List'

MarketDash Editorial Team
10 days ago
The Trump administration's 28-point Ukraine peace framework offers Russia sanctions relief and territorial control while sidelining European allies. Critics warn the plan legitimizes annexations and could undermine Europe's security architecture.

The Trump administration is pushing forward with a Ukraine peace plan that's generating significant pushback from European capitals and Kyiv alike. The controversy centers on what critics are calling a "Kremlin wish list" that would fundamentally reshape the post-invasion landscape in Russia's favor.

At the heart of the debate is a 28-point proposal that would reintegrate Russia into the global economy while allowing Moscow to maintain control over Crimea, which it annexed in 2014, plus additional territories seized since the 2022 invasion. In exchange for peace, the framework would permit Ukraine to pursue European Union membership but explicitly bar the country from joining NATO or hosting alliance troops on its soil.

The plan also imposes specific military limitations on Ukraine: the country would need to commit to non-nuclear status and cap its armed forces at 600,000 soldiers. For a nation that's been fighting an existential war for years, these restrictions feel less like compromise and more like constraint.

Europe Pushes Back on Framework

European officials aren't mincing words about their concerns. Kaja Kallas, the EU's top diplomat, framed the issue bluntly on Wednesday: "We have to put the focus on how to get concessions from the Russian side. We have one aggressor and one victim. The focus should be on what Russia, the aggressor, must do, not on what Ukraine, the victim, must sacrifice."

The bigger frustration for European leaders is that they've been largely sidelined from the process. The Trump administration has pursued bilateral talks with Russia rather than coordinating with its traditional European allies, a departure that's raising questions about the transatlantic security partnership.

Moscow's Measured Response

Russia, for its part, has offered a cautiously positive reception to the draft proposal. Sergei Ryabkov, Russia's deputy foreign minister, acknowledged US efforts while emphasizing that Moscow isn't offering "concessions on key issues." It's the kind of diplomatic language that says yes without committing to anything specific.

US special envoy Steve Witkoff is scheduled to travel to Moscow next week for direct talks with Russian President Vladimir Putin. This follows earlier discussions between US and Russian officials in Abu Dhabi on Tuesday, as well as separate meetings with Ukrainian and European delegations in Geneva.

Yuri Ushakov, an aide to Putin, told reporters Wednesday that the peace plan "will be discussed" during the Moscow meeting. He noted that while the Kremlin viewed certain aspects positively, "several of its points require serious analysis." Translation: Russia likes the general direction but wants to negotiate the details.

The origins of the 28-point plan are revealing. The framework originated from a Russian document submitted to Trump representatives back in October, developed with input from Jared Kushner, Witkoff, and Kirill Dmitriev, CEO of Russia's Direct Investment Fund. Dmitriev, a former Goldman Sachs investment banker, has been working to advance Russian business interests and attract foreign investment that has plummeted since the invasion began.

A key component of the proposal involves sanctions relief. The US would drop all sanctions against Moscow, reimposing them only if Russia launches another attack. For Russia, which has seen foreign direct investment crater since 2022, this represents a significant economic lifeline.

Corruption Scandal Complicates Ukraine's Position

The timing of this diplomatic push coincides awkwardly with a corruption scandal that's engulfed Ukraine's government, just as the Trump administration is demanding concessions from Kyiv.

Ukraine's National Anti-Corruption Bureau announced earlier this month that it had uncovered "high-level" corruption at Energoatom, the country's state nuclear energy company. Investigators accused state officials, including a former advisor to the Minister of Energy, of pocketing $100 million in kickbacks from contractors hired to protect Ukraine's energy infrastructure from Russian airstrikes.

While there are no direct allegations against President Volodymyr Zelenskyy, the scandal has likely damaged his government's reputation and may have weakened Ukraine's bargaining position. An anonymous Ukrainian state official suggested the timing was politically motivated, arguing that the Kremlin had seized an opportune moment to exploit a weakened Ukrainian leadership. Meanwhile, Russia has continued making military advances in Ukraine's Donbas region.

The Capitulation Question

Critics argue that the 28-point plan, as originally drafted, amounts to Ukrainian capitulation and represents a fundamental erosion of Europe's security architecture. By allowing Russia to retain control over Crimea, Donetsk, and Luhansk, the plan would effectively legitimize territorial annexations achieved through military force.

Ruslan Stefanchuk, chairman of Ukraine's parliament, laid out red lines: "no recognition of Russian occupation of Ukrainian territory, no limits on Ukraine's defense forces, no veto on Ukraine's right to choose future alliances."

Garry Kasparov, the former chess world champion and prominent Putin critic, warned about broader implications at the Halifax Security Forum. "Thanks to Ukraine, Russia is not fulfilling Putin's dream of restoring the Russian Empire," Kasparov said. "If Ukraine is forced to make this deal, then it's very clear Putin will realize his dream. And, then, guys: you're next, and you are not willing to fight."

The concern isn't just about Ukraine. If territorial conquest through military force becomes an acceptable outcome, what precedent does that set for other potential conflicts?

Geneva Talks Produce Revised Framework

Following the wave of criticism, officials from the US, Ukraine, France, Germany, the UK, and the EU convened on Sunday in Geneva to revise the American plan. Those talks produced a new 19-point framework for continued peace discussions.

In a joint statement, the delegations described the talks as "highly productive." Kremlin spokesman Dmitry Peskov told journalists on Monday that Moscow hadn't yet received information about the Geneva outcome.

Speaking to the Swedish parliament on Monday, Zelenskyy called it a "critical moment" for Ukraine. "Putin wants legal recognition for what he has stolen, to break the principle of territorial integrity and sovereignty," he said. "That's the main problem."

European Anxiety About Trump's Approach

European leaders remain deeply concerned about the direction of US policy. Marko Mikhelson, head of Estonia's Foreign Affairs Committee, told DW on Monday that Trump's original plan would not bring about "lasting peace" and aligns with Russian strategic objectives. European Council President Antonio Costa emphasized solidarity: "Ukraine has chosen Europe, and Europe will stand by Ukraine."

Andreas Umland, a foreign policy analyst at the Swedish Institute of International Affairs, offered a darker assessment. Regardless of the outcome, he told Frankfurter Rundschau, the EU will emerge weaker. Europe's exclusion from the plan's development reveals its "military, political and diplomatic impotence."

US Secretary of State Marco Rubio defended the approach to negotiations. "Ending a complex and deadly war such as the one in Ukraine requires an extensive exchange of serious and realistic ideas," he wrote on X. "Achieving a durable peace will require both sides to agree to difficult but necessary concessions."

The question hanging over all of this is what "durable peace" actually means. Is it a settlement that prevents future conflict, or one that simply freezes current battle lines while leaving fundamental disputes unresolved? For Europe, the stakes extend beyond Ukraine's borders to the entire post-World War II security order that's kept the continent largely peaceful for decades.

Back to News

Trump's Ukraine Peace Plan Draws Fire as Europe Calls It a 'Kremlin Wish List'

MarketDash Editorial Team
10 days ago
The Trump administration's 28-point Ukraine peace framework offers Russia sanctions relief and territorial control while sidelining European allies. Critics warn the plan legitimizes annexations and could undermine Europe's security architecture.

The Trump administration is pushing forward with a Ukraine peace plan that's generating significant pushback from European capitals and Kyiv alike. The controversy centers on what critics are calling a "Kremlin wish list" that would fundamentally reshape the post-invasion landscape in Russia's favor.

At the heart of the debate is a 28-point proposal that would reintegrate Russia into the global economy while allowing Moscow to maintain control over Crimea, which it annexed in 2014, plus additional territories seized since the 2022 invasion. In exchange for peace, the framework would permit Ukraine to pursue European Union membership but explicitly bar the country from joining NATO or hosting alliance troops on its soil.

The plan also imposes specific military limitations on Ukraine: the country would need to commit to non-nuclear status and cap its armed forces at 600,000 soldiers. For a nation that's been fighting an existential war for years, these restrictions feel less like compromise and more like constraint.

Europe Pushes Back on Framework

European officials aren't mincing words about their concerns. Kaja Kallas, the EU's top diplomat, framed the issue bluntly on Wednesday: "We have to put the focus on how to get concessions from the Russian side. We have one aggressor and one victim. The focus should be on what Russia, the aggressor, must do, not on what Ukraine, the victim, must sacrifice."

The bigger frustration for European leaders is that they've been largely sidelined from the process. The Trump administration has pursued bilateral talks with Russia rather than coordinating with its traditional European allies, a departure that's raising questions about the transatlantic security partnership.

Moscow's Measured Response

Russia, for its part, has offered a cautiously positive reception to the draft proposal. Sergei Ryabkov, Russia's deputy foreign minister, acknowledged US efforts while emphasizing that Moscow isn't offering "concessions on key issues." It's the kind of diplomatic language that says yes without committing to anything specific.

US special envoy Steve Witkoff is scheduled to travel to Moscow next week for direct talks with Russian President Vladimir Putin. This follows earlier discussions between US and Russian officials in Abu Dhabi on Tuesday, as well as separate meetings with Ukrainian and European delegations in Geneva.

Yuri Ushakov, an aide to Putin, told reporters Wednesday that the peace plan "will be discussed" during the Moscow meeting. He noted that while the Kremlin viewed certain aspects positively, "several of its points require serious analysis." Translation: Russia likes the general direction but wants to negotiate the details.

The origins of the 28-point plan are revealing. The framework originated from a Russian document submitted to Trump representatives back in October, developed with input from Jared Kushner, Witkoff, and Kirill Dmitriev, CEO of Russia's Direct Investment Fund. Dmitriev, a former Goldman Sachs investment banker, has been working to advance Russian business interests and attract foreign investment that has plummeted since the invasion began.

A key component of the proposal involves sanctions relief. The US would drop all sanctions against Moscow, reimposing them only if Russia launches another attack. For Russia, which has seen foreign direct investment crater since 2022, this represents a significant economic lifeline.

Corruption Scandal Complicates Ukraine's Position

The timing of this diplomatic push coincides awkwardly with a corruption scandal that's engulfed Ukraine's government, just as the Trump administration is demanding concessions from Kyiv.

Ukraine's National Anti-Corruption Bureau announced earlier this month that it had uncovered "high-level" corruption at Energoatom, the country's state nuclear energy company. Investigators accused state officials, including a former advisor to the Minister of Energy, of pocketing $100 million in kickbacks from contractors hired to protect Ukraine's energy infrastructure from Russian airstrikes.

While there are no direct allegations against President Volodymyr Zelenskyy, the scandal has likely damaged his government's reputation and may have weakened Ukraine's bargaining position. An anonymous Ukrainian state official suggested the timing was politically motivated, arguing that the Kremlin had seized an opportune moment to exploit a weakened Ukrainian leadership. Meanwhile, Russia has continued making military advances in Ukraine's Donbas region.

The Capitulation Question

Critics argue that the 28-point plan, as originally drafted, amounts to Ukrainian capitulation and represents a fundamental erosion of Europe's security architecture. By allowing Russia to retain control over Crimea, Donetsk, and Luhansk, the plan would effectively legitimize territorial annexations achieved through military force.

Ruslan Stefanchuk, chairman of Ukraine's parliament, laid out red lines: "no recognition of Russian occupation of Ukrainian territory, no limits on Ukraine's defense forces, no veto on Ukraine's right to choose future alliances."

Garry Kasparov, the former chess world champion and prominent Putin critic, warned about broader implications at the Halifax Security Forum. "Thanks to Ukraine, Russia is not fulfilling Putin's dream of restoring the Russian Empire," Kasparov said. "If Ukraine is forced to make this deal, then it's very clear Putin will realize his dream. And, then, guys: you're next, and you are not willing to fight."

The concern isn't just about Ukraine. If territorial conquest through military force becomes an acceptable outcome, what precedent does that set for other potential conflicts?

Geneva Talks Produce Revised Framework

Following the wave of criticism, officials from the US, Ukraine, France, Germany, the UK, and the EU convened on Sunday in Geneva to revise the American plan. Those talks produced a new 19-point framework for continued peace discussions.

In a joint statement, the delegations described the talks as "highly productive." Kremlin spokesman Dmitry Peskov told journalists on Monday that Moscow hadn't yet received information about the Geneva outcome.

Speaking to the Swedish parliament on Monday, Zelenskyy called it a "critical moment" for Ukraine. "Putin wants legal recognition for what he has stolen, to break the principle of territorial integrity and sovereignty," he said. "That's the main problem."

European Anxiety About Trump's Approach

European leaders remain deeply concerned about the direction of US policy. Marko Mikhelson, head of Estonia's Foreign Affairs Committee, told DW on Monday that Trump's original plan would not bring about "lasting peace" and aligns with Russian strategic objectives. European Council President Antonio Costa emphasized solidarity: "Ukraine has chosen Europe, and Europe will stand by Ukraine."

Andreas Umland, a foreign policy analyst at the Swedish Institute of International Affairs, offered a darker assessment. Regardless of the outcome, he told Frankfurter Rundschau, the EU will emerge weaker. Europe's exclusion from the plan's development reveals its "military, political and diplomatic impotence."

US Secretary of State Marco Rubio defended the approach to negotiations. "Ending a complex and deadly war such as the one in Ukraine requires an extensive exchange of serious and realistic ideas," he wrote on X. "Achieving a durable peace will require both sides to agree to difficult but necessary concessions."

The question hanging over all of this is what "durable peace" actually means. Is it a settlement that prevents future conflict, or one that simply freezes current battle lines while leaving fundamental disputes unresolved? For Europe, the stakes extend beyond Ukraine's borders to the entire post-World War II security order that's kept the continent largely peaceful for decades.