This proposal is the most realistic means for keeping the peace after an armistice.
Bloomberg cited unnamed “people with knowledge of Kremlin thinking” to report that Russia will only demand that Ukraine restore its constitutional neutrality, “drastically cut back military ties with the NATO alliance”, limit its army, and freeze the front lines, albeit with some territorial swaps. Also, “The Kremlin’s position is that while individual NATO members may continue to send arms to Ukraine under bilateral security agreements, any such weapons should not be used against Russia or to recapture territory.”
To be sure, Bloomberg might have either invented their sources or they’re uninformed of what the Kremlin thinks, but there’s also the possibility that they’re accurately reflecting what it plans to ask for during peace talks. Hopefully Russia’s demands of Ukraine are more than what Bloomberg just reported, however, because the aforesaid requests would be settling for much less than it might otherwise be able to achieve as suggested by some of the proposals made at the end of this analysis here.
For instance, any agreement to limit the Ukrainian Armed Forces is meaningless without a monitoring mission paired with credible enforcement mechanisms to enforce compliance. After all, even written guarantees that individual NATO members won’t arm Ukraine for the purpose of using these weapons against Russia or to recapture territory – not to mention purely verbal ones – could be broken. There’s also the question of how Russia would respond to future drone and missile strikes from Ukraine.
The most realistic way to address these concerns is through the participation of only non-Western countries in monitoring and peacekeeping roles, the latter of which could concern deployment along the entire Russian-Ukrainian border, including the Line of Contact (LOC). About the second-mentioned, the reported territorial swaps could see Russia give back its part of Kharkov Oblast in exchange for Ukraine giving back its part of Kursk Oblast, which each would formally retain their territorial claims to the other.