Key facts
- Putin proposed a Yalta 2.0 summit with Trump and Xi to discuss Ukraine.
- The meeting aims to restore Russia's global stature and influence.
- Europe needs its own peace plan and a clear negotiating position.
- The EU must address security guarantees for Ukraine and funding.
Russian President Vladimir Putin has floated the idea of a three-way summit with US President Donald Trump and Chinese President Xi Jinping to discuss a resolution to the war in Ukraine. Putin envisions this meeting as a 'Yalta 2.0' moment, aiming to restore Russia's international stature and influence, similar to the 1945 conference that shaped the post-World War II order. Trump has indicated openness to the idea, suggesting it could include denuclearisation. The author expresses alarm, viewing the proposal as a potential strategic victory for Putin that could alienate US allies and undermine the transatlantic relationship. European leaders are advised to develop their own peace plan for Ukraine, addressing security guarantees and funding concerns amidst growing public opposition.