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Putin to Reject Trump's 'Kellogg Plan' Peace Offer, Seeks 'Yalta 2.0', Says Kremlin Tycoon

Dec 2, 2024, 01:49 PM

Russian President Vladimir Putin is expected to reject U.S. President Donald Trump's initial peace proposal for Ukraine, according to Russian tycoon and Kremlin confidant Konstantin Malofeyev. Malofeyev told the Financial Times that Putin would dismiss the plan proposed by Trump's special envoy, retired Lt. Gen. Keith Kellogg, who was appointed in November 2024. "Kellogg comes to Moscow with his plan, we take it and tell him to screw himself, because we don't like any of it. That'd be the whole negotiation," Malofeyev said. The "Kellogg Plan," drafted in April 2024, aims to end Russia's isolation by establishing diplomatic relations with Moscow and ceasing the "demonization" of Putin. It also seeks to pressure both Moscow and Kyiv to agree on a ceasefire and initiate peace talks. However, Malofeyev indicated that Russia would engage in negotiations only if they address broader issues such as global security, NATO expansion, and multiple conflicts. Russia's demands include Ukraine ceding four regions and abandoning its ambitions to join NATO. Malofeyev added that Putin desires a "Yalta 2.0," referencing the 1945 conference that shaped the post-World War II order.