The United States is ready to eecognise Russia's authority over Crimea and additional Ukrainian regions under occupation, it is understood.
Donald Trump has sent his peace and Middle East envoy, Steve Witkoff, and son-in-law Jared Kushner to present the proposal directly to Vladimir Putin in Moscow in a bid to finalise a deal to end the war.
The alleged offer to Russia comes despite concerns raised by European allies and American lawmakers over Mr Trump's proposed peace plan, which demands Ukraine surrender territory and cap its military at 600,000 troops.
According to The Telegraph, a source close to the situation said: "It’s increasingly clear the Americans don’t care about the European position.
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"They say the Europeans can do whatever they want."
Mr Putin yesterday said the Crimean peninsula, which Russia annexed from Ukraine in 2014, and the eastern Donbas region should be a topic for discussions with the US.
He told reporters the talks so far were not about a draft agreement of any kind but about sets of issues, after a leaked 28-point peace place drawn up by the US emerged last week.
The US and Ukraine decided to divide up the points into four separate components and a copy had been transmitted to Moscow.
European allies and American lawmakers have raised concerns over Donald Trump's proposed peace plan
|GETTY
"In general, we agree that this could be the basis for future agreements," Mr Putin said.
"We see that the American side takes into account our position."
Mr Putin expressed his readiness to engage with the Trump administration over a possible peace plan for Ukraine with several warnings Russia was prepared to fight on if necessary and take more of Ukraine.
Russian forces control more than 19 per cent of Ukraine, up one percentage point from two years ago, and have advanced in 2025 at the fastest pace since 2022.
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Vladimir Putin said he considered the Ukrainian leadership to be illegitimate and so it was legally impossible to sign a deal with Kyiv
|REUTERS
Russia, Mr Putin noted, was being told that it should cease the fighting but needed Kyiv's forces to pull back before it could do so.
"Ukrainian troops must withdraw from the territories they hold, and then the fighting will cease," he said.
"If they don't leave, then we shall achieve this by armed means. That's it."
Mr Putin said he considered the Ukrainian leadership to be illegitimate and so it was legally impossible to sign a deal with Kyiv.
It was therefore important, he said, to ensure any agreement was recognised by the international community.
"Therefore, broadly speaking, of course, we ultimately want to reach an agreement with Ukraine. But right now, this is practically impossible. Impossible legally," Mr Putin explained.
Prime Minister Sir Keir Starmer is among western leaders who have pushed back against Mr Trump's original 28-point plan.
He told MPs this week part of the proposals were "not acceptable", although he welcomed the inclusion of security guarantees for Kyiv.
The PM led a call with leaders of the so-called coalition of the willing, which is made up of 34 countries which have pledged support to Ukraine, earlier this week.
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