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The Summits

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Quick reaction to the summits:

Perhaps most surprising, the question of security guarantees for Ukraine have re-emerged as a potential pillar of the peace agreement.

President Trump, Secretary Rubio, and chief negotiator Steve Witkoff all discussed the possibility of establishing the kinds of security guarantees that Kyiv has long sought and that Moscow has tried to push off the table.

While details remain scarce, such guarantees would likely fall short of the Article V NATO guarantee (itself not quite automatic).

Still, they would have more teeth than the vague commitments of the Budapest Memorandum. Zelensky’s European supporters have also argued for security guarantees, although as always the details remain fuzzy.

A critical component of the security arrangement appears to be the sale of armaments, to the tune of $100 billion of weapons that would be financed by Ukraine’s European partners.

The security guarantee question is surely the most interesting development of the weekend, as a lot of folks thought it was going to be off the table. Some other reactions:

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