The Ukrainian negotiating team is “finalizing work on the 20 points of a fundamental document that could define the parameters for ending the war,” Ukrainian President Volodymyr Zelenskyy said in a post on X Wednesday.
Zelenskyy is referring to the 20-point peace settlement proposal that Ukraine, the United States and European leaders have been working on for weeks.
Ukraine expects to “deliver this document to the United States in the near future,” following work with the US negotiating team and European leaders, Zelenskyy added.

President Donald Trump, French President Emmanuel Macron, German Chancellor Friedrich Merz and U.K. Prime Minister Keir Starmer spoke earlier Wednesday about the ongoing peace settlement talks, a Downing Street spokesperson said in a statement to ABC News.
Zelenskyy also had, he said, the first meeting with U.S. Treasury Secretary Scott Bessent, Jared Kushner, and BlackRock CEO Larry Fink to work on “a document concerning reconstruction and economic recovery of Ukraine,” Zelenskyy said in a separate post on X.
Zelenskyy says no compromise reached on territory question in peace settlement talks
The continued peace negotiations come after Ukraine and Russia continued to exchange cross-border drone attacks overnight into Wednesday morning.
Russia’s Defense Ministry said its forces shot down at least 38 Ukrainian drones overnight into Wednesday. Among them were six drones shot down over the Moscow region, of which four were described as “flying toward” the capital.
Moscow Mayor Sergei Sobyanin said in posts to Telegram that emergency services had been dispatched to several sites where falling drone debris was reported.

Ukraine’s air force, meanwhile, said Russia launched 80 drones into the country overnight, of which 50 were shot down or suppressed. The air force reported impacts of 29 drones across seven locations.
The latest exchanges came as Zelenskyy prepared a revised peace settlement proposal to be sent to the U.S. negotiating team on Wednesday.
Key issues remain unsettled, including the fate of partially occupied Ukrainian regions in the east of the country and future security guarantees for Kyiv to deter repeated Russian aggression.
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Zelenskyy told Ukrainian reporters during an online briefing on Tuesday evening that the delivery of the proposal had been delayed as Kyiv’s representatives were still working with European national security advisers on the proposal.
Zelenskyy also said that Russia’s continued strikes on Ukraine showed that Moscow is not genuine in its professed interest in securing a peace settlement.
Zelenskyy on Tuesday said Ukraine is ready to agree on an “energy truce” with Russia, to pause attacks on energy infrastructure by both nations.
Kremlin spokesperson Dmitry Peskov, though, on Wednesday dismissed the offer, telling reporters, “We are working towards peace, not a ceasefire,” as quoted by Russia’s state-run Tass news agency.