A new article (sub req) in the FT says that Russia and Ukraine are discussing a ceasefire agreement in which Ukraine would agree not to join NATO but also get NATO-like security guarantees from major European powers and the U.S. Ukraine would also be free to join the EU. This essentially amounts to armed neutrality and likely an agreement not to host foreign troops on its territory. A key element appears to be an agreement to leave the question of the territories Russia held as of February 24th as a matter to be discussed in subsequent negotiations. So an agreement to disagree for the time being essentially.
The unknown in these negotiations and the reported draft agreements they are working on is that no one on the Ukrainian side — and I suspect in the U.S. as well — is clear at all about whether Russia is actually seriously considering these potential agreements or simply using them to stall for time or keep the Western powers from imposing more sanctions.
