Ukraine peace deal is really close, U.S. envoy Kellogg says

Ukraine peace deal is really close, U.S. envoy Kellogg says


Ukrainian President Volodymyr Zelenskyy meets with US President Donald Trump’s Special Representative for Ukraine, General Keith Kellogg, in Washington D.C. on August 18, 2025.

Ukrainian Presidency | Anadolu | Getty Images

U.S. President Donald Trump’s outgoing Ukraine envoy said a deal to end the Ukraine war was “really close” and now depended on resolving two main outstanding issues: the future of Ukraine’s Donbas region and the Zaporizhzhia nuclear power plant.

Russia invaded Ukraine in February 2022 after eight years of fighting between Russian-backed separatists and Ukrainian troops in the Donbas, which is made up of the Donetsk and Luhansk regions.

The Ukraine war is the deadliest European conflict since World War Two and has triggered the biggest confrontation between Russia and the West since the depths of the Cold War.

U.S. Special Envoy for Ukraine Keith Kellogg, who is due to step down in January, told the Reagan National Defense Forum that efforts to resolve the conflict were in “the last 10 metres” which he said was always the hardest.

The two main outstanding issues, Kellogg said, were on territory — primarily the future of the Donbas — and the future of Ukraine’s Zaporizhzhia nuclear power plant, Europe’s largest, which is under Russian control.

“If we get those two issues settled, I think the rest of the things will work out fairly well,” Kellogg said on Saturday at the Ronald Reagan Presidential Library and Museum in Simi Valley, California. “We’re almost there.”

“We’re really, really close,” said Kellogg.

Kellogg, a retired lieutenant general who served in Vietnam, Panama and Iraq, said the scale of the death and injuries caused by the Ukraine war was “horrific” and unprecedented in terms of a regional war.

Kellogg said that, together, Russia and Ukraine have suffered more than 2 million casualties, including dead and wounded since the war began. Neither Russia nor Ukraine disclose credible estimates of their losses.

Moscow says Western and Ukrainian estimates inflate its losses. Kyiv says Moscow inflates estimates of Ukrainian losses.

Russia currently controls 19.2% of Ukraine, including Crimea, which it annexed in 2014, all of Luhansk, more than 80% of Donetsk, about 75% of Kherson and Zaporizhzhia, and slivers of the Kharkiv, Sumy, Mykolaiv and Dnipropetrovsk regions.

A leaked set of 28 U.S. draft peace proposals, opens new tab emerged last month, alarming Ukrainian and European officials who said it bowed to Moscow’s main demands on NATO, Russian control of a fifth of Ukraine and restrictions on Ukraine’s army.

Those proposals, which Russia now says contain 27 points, have been split up into four different components, according to the Kremlin. The exact contents are not in the public domain.

Under the initial U.S. proposals, the Zaporizhzhia nuclear plant, whose reactors are currently in cold shutdown, would be relaunched under the supervision of the International Atomic Energy Agency, and the electricity produced would be distributed equally between Russia and Ukraine.

Ukrainian President Volodymyr Zelenskiy said on Saturday that he had had a long and “substantive” phone call with Trump’s special envoy Steve Witkoff and Trump’s son-in-law Jared Kushner.

The Kremlin said on Friday it expected Kushner to be doing the main work on drafting a possible deal.



Source

Trump’s trade war shift away from Chinese manufacturing has reached tipping point
World

Trump’s trade war shift away from Chinese manufacturing has reached tipping point

A container is offloaded from the Wanhai 175 cargo ship at the Tan Vu Terminal, operated by Vietnam Maritime Corp., at Haiphong Port in Haiphong, Vietnam, on Wednesday, Jan. 15, 2025. Bloomberg | Bloomberg | Getty Images The proportion of volume from suppliers in China, Hong Kong, and Korea has declined from 90% to 50% over […]

Read More
Asia-Pacific markets trade mixed as investors parse China trade data
World

Asia-Pacific markets trade mixed as investors parse China trade data

Shanghai Bund skyline panorama Yangna | E+ | Getty Images Japan’s benchmark Nikkei 225 slid 0.14%, while the Topix added 0.25%. South Korea’s Kospi rose 0.35%, and the small-cap Kosdaq traded 0.45% higher. Revisions released by Tokyo on Monday show Japan’s economy shrank more sharply between July and September than first estimated. Official data showed that […]

Read More
China’s exports rebound in November, massively beating expectations after U.S. trade truce
World

China’s exports rebound in November, massively beating expectations after U.S. trade truce

A cargo ship loaded with containers departs from Qingdao Port in Qingdao City, Shandong Province, China, on December 4, 2025. Costfoto | Nurphoto | Getty Images China’s exports massively beat market expectations in November as manufacturers rushed to ship out inventory on the back of a trade deal with Washington, following a meeting between the […]

Read More