Turkish President Recep Tayyip Erdogan has prepared a proposal to freeze the ongoing war between Russia and Ukraine. Bloomberg reportedciting informed sources. The plan is expected to be presented at the G20 leaders’ meeting in Rio de Janeiro.

Erdogan’s initiative would include Ukraine delaying talks on NATO membership for at least a decade, a move described as a “concession to Putin.”

The proposal also suggests creating a demilitarized zone in eastern Donbass, overseen by international peacekeeping forces, and offering military support to Ukraine as compensation for its postponement by NATO.

According to Turkish officials interviewed by Bloomberg, while this plan may be difficult for Ukraine to accept, they view it as “the most realistic approach” to achieving a stable ceasefire.

The proposal calls for postponing discussions on the status of Russian-occupied territories in order to focus on an immediate de-escalation of the war.

Erdogan reportedly aims to hold peace talks in Istanbul, using intelligence suggesting Ukraine could suffer significant territorial losses if hostilities persist in the coming months.

However, Ukrainian President Volodymyr Zelensky will not attend the G20 summit, as Brazilian President Luiz Inácio Lula da Silva refused to invite him.

Russian President Vladimir Putin also stepped down, saying he didn’t want to “disrupt the forum” with “talks” around the international arrest warrant against him.

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“We understand what is happening around Russia, and I understand it. I have a wonderful, friendly relationship with President Lula of Brazil. Am I going there specifically to disrupt the normal functioning of this forum? We fully understand that even if we exclude this, this is what will be the subject of all the ICC speeches. In fact, we will disrupt the work of the G20,” Putin said in response to the question. a CNN correspondent during the BRICS forum.

Efforts to broker peace have gained momentum recently, with German Chancellor Olaf Scholz holding his first phone call with Putin in two years and with French President Emmanuel Macron signaling potential engagement when conditions are favourable.

At the same time, Zelensky emphasized in a recent interview that Ukraine aims to find a diplomatic solution to the war by 2025.

The G20 summit takes place from November 18 to 19 in Rio de Janeiro.