Bloomberg: Europe to coordinate 12-point peace plan for Ukraine with US

European representatives intend to agree on their 12-point peace plan for Ukraine during talks in Washington, with the visit expected to take place in the coming days.

The details of the plan are still being finalised and could be subject to change, according to sources familiar with the matter who requested anonymity as the discussions were held privately, Caliber.Az reports, citing Bloomberg.

Those sources noted that any proposal would also require Washington’s approval, and European officials may travel to the US this week.

The framework, first reported by Bloomberg on October 21, outlines a series of key provisions.

These include an immediate cease-fire along existing battle lines, security guarantees for Ukraine, a fast-track path to EU membership, reconstruction funding, the return of deported Ukrainian children, and a mechanism for prisoner exchanges.

In addition, the draft stipulates that Russia’s frozen reserves would be released only if Moscow contributes to Ukraine’s rebuilding—a condition that may need U.S. support for the plan to advance.

Building on these discussions, the peace plan would be implemented under a “peace board” chaired by US President Donald Trump, who has called on both sides to “stop where they are” and begin negotiations.

Following his phone call with Vladimir Putin and a meeting with Ukrainian President Volodymyr Zelenskyy, Trump said the aim is to freeze the conflict along current front lines and open the door to diplomatic talks.

European leaders have expressed support for an immediate halt to hostilities, saying such a step is essential to create conditions for peace. The issue is expected to be discussed at the upcoming EU summit in Brussels, which will also address the use of frozen Russian assets to fund Ukraine’s recovery.

Zelenskyy, however, dismissed the idea of territorial concessions, stating that Ukraine “must stay where we stand” before entering any negotiations. Meanwhile, Moscow continues to reject calls to end the fighting along existing lines, despite growing losses on the battlefield.

By Jeyhun Aghazada