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FT '15-Point Plan' Headline Draws Attention, But Thin On New Detail

RUSSIA

The FT story 'Ukraine and Russia draw up neutrality plan to end war' has garnered significant market interest, with its claim that significant progress has been made on a '15-point plan' for an agreement between Russia and Ukraine that would include a ceasefire.

  • While the emergence of a plan that both sides would adhere to would be a positive signal, at present there are few few details beyond demands stated by both sides in previous meetings avaliable.
  • Story highlights demands for Ukrainian neutrality, renouncing NATO ambitions, not hosting foreign troops/weaponry, Ukraine retaining an army, recognition of Crimea as Russian and independence of Donetsk/Luhansk People's Republics. None of these are new and had been issued by Russia in previous discussions with Ukraine representatives.
  • Comments on wires attributed to Putin today have been far from conciliatory, stating 'the whole planet is paying for the ambitions of the West', accusing US of trying to cover up bio-development in Ukraine, saying 'special operation' will be completed.

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