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The latest U.S. draft peace plan for Ukraine no longer includes a provision to use frozen Russian assets for Ukraine’s reconstruction under U.S. oversight, Bloomberg reported. European officials had opposed the original proposal.
Earlier versions of the plan suggested that the U.S. would receive 50% of any proceeds from the assets, with the remainder allocated to a U.S.-Russia investment fund. Following Geneva negotiations, officials expressed optimism that the final draft, now reduced from 28 to 19 points, better aligns with European concerns.
Ukrainian President Volodymyr Zelensky has reviewed the plan, while the Kremlin said it has not received the updated draft. U.S. Senator Marco Rubio noted that the plan incorporates proposals from both Russia and Ukraine.
