The pursuit of peace in Ukraine risks becoming an exercise in diplomatic theatre if the principal parties mistake the willingness to negotiate for a willingness to compromise. Nearly five years of war have demonstrated that the conflict concerns more than territorial gains. It raises fundamental questions about the limits of military power, the security of Europe and whether smaller countries can determine their own political future without intimidation from stronger neighbours.

Renewed negotiations offer little assurance of an imminent end to the fighting. Ukraine faces mounting pressure on its air defences and infrastructure, while another winter threatens to intensify the civilian hardship caused by Russian attacks. These circumstances could strengthen Moscow’s bargaining position, particularly if Western governments become less willing to sustain the financial and military support Kyiv needs. President Donald Trump’s approach introduces another uncertainty. His determination to secure an agreement could create an opening that previous diplomatic efforts failed to achieve. Yet the pursuit of a rapid political victory can come at considerable cost.

If Washington presses Kyiv to accept territorial........

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