• Europe and Ukraine propose a 12-point peace plan to end the war with Russia.
• The plan calls for immediate ceasefire and negotiations along existing battle lines.
• U.S. President Donald Trump would oversee the plan's implementation.

European nations are collaborating with Ukraine on a 12-point proposal aimed at ending the ongoing conflict in Russia’s war, focusing on maintaining current battle lines and pushing back against Russian President Vladimir Putin's demands for territorial concessions. The proposal includes a peace board led by U.S. President Donald Trump, which would oversee its implementation, according to sources from SCMP, Reuters, and India Times.

Key elements of the plan include a call for immediate ceasefire, the return of all deported children to Ukraine, and a structured exchange of prisoners. Additionally, Ukraine would receive security guarantees, financial aid for post-war reconstruction, and a path toward European Union membership, emphasizing the international commitment to supporting Ukraine's sovereignty, as detailed in reports by SCMP, Reuters, and India Times.

The proposed plan also suggests that sanctions against Russia will be gradually lifted in line with Moscow's compliance, with a significant condition: around $300 billion in frozen assets would only be released after Russia makes commitments toward Ukraine's reconstruction. This aspect of the proposal highlights the complexities and demands within the negotiations, as outlined by sources from SCMP, Reuters, and India Times.

Despite calls for a ceasefire, Russia has remained unyielding, demanding territorial concessions from Ukraine before agreeing to halt hostilities. European leaders have reiterated their support for an immediate ceasefire based on current lines, suggesting a shift in diplomatic strategies aimed at resolving the war, as discussed by SCMP, Reuters, and India Times.