For example, the proposal would not only bar Ukraine from joining NATO but would also prevent the alliance’s future expansion. Such a step would be a significant victory for Moscow, which views NATO as a threat. Putin would also gain ground he has been unable to win on the battlefield. Under the draft, Moscow would hold all the eastern Donbas region, even though approximately 14% still remains in Ukrainian hands. Ukraine’s military, currently at roughly 880,000 troops, would be reduced to 600,000. The proposal opens the door to lifting sanctions on Russia and returning it to what was formerly known...