Ukrainian president details peace agreement clauses for first time

He said this at a meeting with journalists, the Suspilne correspondent website has reported.

The document includes a clause on security guarantees for Ukraine from the USA and the EU, which will be similar to Article 5 of NATO. At the same time, the USA raised the issue of "compensation for security guarantees": according to Zelenskyy, the clause has now been struck out and the discussion continues. The document also does not prohibit Ukraine from concluding additional bilateral agreements on security guarantees with other partner countries.

According to Zelenskyy, the document still contains a clause on limiting the number of the AFU to 800,000 people in peacetime.

The agreement has a clause on Ukraine becoming an EU member state within a clearly defined timeframe, which is still being discussed and will be specified later. Presumably before the signing of the peace agreement.

One of the clauses mentions a separate agreement on investments in Ukraine for the development of technology and prosperity of the economy. Several funds will be set up to address the issues of restoring the Ukrainian economy, reconstructing damaged areas and regions, and solving humanitarian issues. The stated goal is to attract 800bn dollars from various sources.

Reparations from the Russian Federation are not mentioned in the document, instead the wording "Ukraine reserves the right to compensation for the damage caused" - without any specification.

Regarding control of the WNPP, the United States proposes an even split between Americans, Ukrainians and Russians, while specifying that the United States would be the "principal manager of the joint venture." An alternative Ukrainian proposal is 50/50 control between the US and Ukraine. Discussions are ongoing.

Regarding territories, the document contains a clause about the mandatory withdrawal of Russian troops from Dnipropetrovsk, Mykolayiv, Sumy and Kharkiv regions. At the same time, there are several options regarding Donetsk, Luhansk, Zaporizhzhya and Kherson regions: the line of troops' location on the date of the agreement will be recognised as the de facto line of contact (there is no mention of recognising the occupied territories as part of Russia), and the parties are also discussing the creation of a "free economic zone" in Donbas, its status and nuances. The Kinburn Spit will be demilitarised, Russia "will not prevent" Ukraine from using the Dnieper River and the Black Sea for commercial activities. Separate agreements will be concluded, implying freedom of navigation and transport.

The agreement envisages an "all for all" exchange, which will include prisoners of war (from 2014 onwards), political prisoners, Ukrainian children and civilians stolen by Russia.

Compliance with the clauses of the agreement will be monitored by the Peace Council chaired by current US President Donald Trump. Ukraine, Europe, NATO, Russia and the US will be part of this mechanism.

According to Zelensky, Kiev is currently waiting for Russia's reaction to the discussed positions.

Then we will understand our next steps and possible timeframes for certain decisions, " the president said.

Also, according to Zelenskyy, Ukraine is "ready for a meeting with the United States at the level of leaders to resolve sensitive issues."

If we talk specifically about these 20 points that we have today, this is a framework document that has undergone a significant evolution. It is a document that previously started with 28 points. There were many different rumours, many developments, many meetings and many hours of conversations. As a result, today there is this document in this form - it is a draft. It is not yet a document agreed upon by the parties, but it has already formed a certain logic of how it is proposed to end the war, " the President added.

The supposed content of the peace agreement at the moment:

Point 1: Ukraine's sovereignty will be reaffirmed. The document states that Ukraine is a sovereign state and all signatories of the agreement confirm this with their signatures.

Paragraph 2: This document is a complete and unconditional non-aggression agreement between Russia and Ukraine. To maintain long-term peace, a mechanism for controlling the line of contact through space-based unmanned monitoring will be established, as well as an early warning mechanism for violations.

Point 3: Ukraine will receive reliable security guarantees.

Point 4: The number of Ukrainian armed forces will remain at the level of 800,000 in peacetime.

Clause 5: The U.S., NATO and European signatory states will provide Ukraine with security guarantees that reflect Article 5.

• If Russia invades Ukraine, in addition to a coordinated military response, all global sanctions against Russia will be reinstated.

• If Ukraine invades Russia or opens fire on Russian territory without provocation, the security guarantees will be considered null and void.

• If Russia opens fire on Ukraine, the security guarantees will go into effect.

• The US will receive compensation for the security guarantees. According to Zelensky, this clause has now been struck out: "We simply do not understand what this means and we are raising this issue."

• Bilateral security guarantees are not excluded by this agreement. We are talking about the possibility of bilateral agreements between Ukraine and 30 countries of the Coalition of the willing - countries of Europe, Canada, Japan and others ready to participate in security guarantees in one form or another.

Point 6: Russia will enshrine the non-aggression policy toward Europe and Ukraine in all necessary laws and ratification documents, including ratification by an overwhelming majority in the State Duma (U.S. proposal).

Paragraph 7: Ukraine will become a member of the European Union on a specific date and will also receive short-term privileged access to the European market. At the same time, the exact dates of Ukraine's accession to the EU are currently the subject of bilateral discussions between the U.S. and Ukraine and have not yet been confirmed by Europe.

Clause 8: A strong global development package for Ukraine will be approved, which will be defined in a separate agreement on investment and future prosperity. In particular, it envisages:

• the creation of a Ukraine development fund to invest in high-growth sectors (technology, data centres, artificial intelligence);

• cooperation between the U.S. and U.S. companies with Ukraine and joint investments in the restoration, development, modernisation and operation of Ukraine's gas infrastructure;

• joint efforts to reconstruct war-affected areas to rebuild and modernise cities and residential areas;

• infrastructure development;

• extraction of minerals and natural resources;

• preparation of a special funding package by the World Bank to accelerate these efforts;

• the establishment of a high-level working group, including the appointment of a leading global financial leader as Prosperity Administrator, to organise the implementation of a strategic recovery plan and maximise opportunities for future development.

Item 9. Several funds will be established to address Ukrainian economic recovery, reconstruction of damaged areas and regions, and humanitarian issues. The goal is to raise $800 billion through equity, grants, debt, and private sector contributions to help Ukraine realise its full potential.

• The U.S. and European countries will establish an equity and grants fund with a target size of $200 billion to invest transparently and effectively in Ukraine.

• A wide range of investments and other financial instruments will be used for Ukraine's post-war reconstruction.

• Global recovery institutions will use mechanisms to strengthen and support these efforts.

• Ukraine will implement best global standards for attracting foreign direct investment.

• Ukraine reserves the right to compensation for damage caused.

Paragraph 10. Following this agreement, Ukraine will accelerate the process of signing a free trade agreement with the US. At the same time, the U.S. insists on parity in the FTA for both Ukrainians and Russians.

Item 11: Ukraine confirms that it will remain a nuclear-weapon-free state in accordance with the Treaty on the Non-Proliferation of Nuclear Weapons.

Clause12: The Zaporizhzhya nuclear power plant will be operated jointly by three countries - Ukraine, the U.S. and the Russian Federation. The U.S. proposes an even distribution of control, with the Americans being the general manager of the joint venture. The Ukrainian proposal is different: Zaporizhzhya NPP will be a 50-50 joint venture between Ukraine and the US. Ukraine would receive 50 per cent of the electricity produced and the United States would receive another 50 per cent, which would independently determine its distribution.

Clause 13: Both countries commit to introducing educational programmes in schools and society at large that promote understanding and tolerance of different cultures, as well as the elimination of racism and prejudice. Ukraine will implement EU rules on religious tolerance and the protection of minority languages.

Paragraph 14: Territorial allocation.

The Russian Federation withdraws its troops from Dnipropetrovsk, Mykolaiv, Sumy and Kharkiv regions for the agreement to enter into force.

Option A:

• in Donetsk, Luhansk, Zaporizhzhya and Kherson oblasts, the line of troops' location on the date of the agreement is recognised as the de facto line of contact;

• a working group is established to determine the movement of forces necessary for a cessation of hostilities, as well as the parameters of possible future special economic zones.

Option B:

• a potential free economic zone on Donbass territory is discussed;

• ukraine is prepared to hold a referendum in the territories under its control to approve it;

• support for the whole treaty, not just the FEZ clause, would be put to a vote;

• in the event of a favourable decision, a separate agreement will be concluded between Ukraine, the United States and Russia defining the status of the special economic zone.

Paragraph 15: Once future territorial arrangements are agreed upon, both the Russian Federation and Ukraine commit not to change these arrangements by force.

Paragraph 16: Russia will not interfere with Ukraine's use of the Dnieper River and the Black Sea for commercial activities. A separate maritime and access agreement covering freedom of navigation and transport will be concluded. The Kinburn Spit will be demilitarised.

Paragraph 17: A humanitarian committee will be established to deal with open issues.

• all prisoners of war, including those convicted by the Russian system since 2014, will be exchanged on an all-for-all basis;

• all civilian detainees and hostages, including children and political prisoners, will be returned;

• measures will be taken to address the problems and suffering of war victims.

Paragraph 18: Ukraine should hold elections as soon as possible after the signing of the agreement.

• first presidential: the Verkhovna Rada should develop and vote on a mechanism for holding them before the restrictions of martial law are lifted;

• then parliamentary and local elections.

Paragraph 19: This agreement will be legally binding. Its implementation will be monitored and guaranteed by a Peace Council chaired by President Trump. Ukraine, Europe, NATO, Russia and the US will be part of this mechanism. There will be sanctions for violations.

Clause 20: Once all parties agree to this agreement, a full ceasefire will take effect immediately.