European nations are working with Ukraine on a 12-point proposal to end Russia’s war along current battle lines, Reuters reported citing Bloomberg News on Tuesday.

A peace board chaired by U.S. President Donald Trump would oversee the implementation of the proposed plan, the report said, citing people familiar with the matter.

European leaders called on Washington on Tuesday to hold firm in demanding an immediate ceasefire in Ukraine, with present battle lines to serve as the basis for any future talks. The Russian government has long demanded that Ukraine agree to cede more territory before any ceasefire.

Under the proposal, Ukraine would receive security guarantees, funds to repair war damage and a pathway to rapidly join the European Union, the Bloomberg report said, adding that once

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