Ukraine’s Zelenskyy is racing against time—until the end of next summer—to push for a peace deal with Russia, backed by U.S. mediation and a joint proposal crafted with American and European allies. The one-page plan centers on a ceasefire and a new neutral-managed economic zone in Donbas, while outlining Ukraine’s willingness to compromise—and defining roles for NATO and the EU. Moscow says it’s open to talks but insists any deal must reflect current battlefield realities, even as Russian forces press forward in eastern Ukraine. With the 2028 U.S. election looming, Zelenskyy sees this as his last real shot at diplomacy.
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