Zelenskyy Holds Key Talks with Trump Envoys Witkoff and Kushner

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Dec 10, 2025

While Russian missiles rained down on Ukrainian cities, Zelenskyy was on the phone with Jared Kushner and Steve Witkoff hammering out the framework for peace. What exactly did they agree on — and why does real progress still depend entirely on Moscow’s next move?

Financial market analysis from 10/12/2025. Market conditions may have changed since publication.

Imagine this: Russian drones and missiles are screaming across Ukrainian skies, power stations are burning, and civilians are running for shelter. At that exact same moment, the Ukrainian president is on a secure line with two of Donald Trump’s closest confidants, talking — calmly, substantively — about how to actually end the war.

It sounds almost surreal, doesn’t it? Yet that’s precisely what happened last weekend. While the world watched another brutal wave of attacks, behind-the-scenes diplomacy appears to be moving faster than at any point since the invasion began.

A Phone Call That Might Change Everything

Late Saturday, the Ukrainian leader went public with news that many observers had only suspected: he had just wrapped up what he described as a long and substantive conference call with his own national-security team and two key figures from Donald Trump’s inner circle — real-estate investor Steve Witkoff and, yes, Jared Kushner.

The call wasn’t a courtesy check-in. According to the president’s own words, the group “covered many aspects” of a potential peace settlement and even sketched out “the next steps and formats” for future talks. In plain English: they’re no longer just exploring ideas. They’re building the actual roadmap.

“I am grateful for a very focused, constructive discussion… Ukraine is determined to keep working in good faith with the American side to genuinely achieve peace.”

Ukrainian President

Who Are Witkoff and Kushner in This Context?

Let’s be honest — when most people hear “Jared Kushner,” they still picture the West Wing days. But the Jared Kushner sitting at that Florida table is a different operator now: private citizen, billionaire investor, and, crucially, someone Donald Trump trusts implicitly on complex international deals.

Steve Witkoff, less known to the general public, is a longtime Trump friend and one of the sharpest commercial real-estate minds in America. Both men were central to the Abraham Accords effort — the rare Middle-East breakthrough that actually stuck. If Trump wants a Ukraine deal, these are exactly the kind of non-traditional envoys he would send: loyal, creative, and allergic to bureaucratic inertia.

What We Know About the Talks So Far

The in-person negotiations have apparently been running hot for weeks. Ukrainian Defense Minister Rustem Umerov and senior military negotiator Andrii Hnatov have already held six separate meetings in under fourteen days with the American side — most of them face-to-face in South Florida.

That pace alone tells you something big is cooking. Normal diplomacy doesn’t move this fast unless leaders have decided the status quo is unbearable.

  • Security guarantees that actually deter future Russian invasion
  • Mechanisms to ensure Moscow keeps any deal (remember Minsk I and II?)
  • Post-war reconstruction and Western investment frameworks
  • Joint U.S.–Ukraine economic initiatives for the long haul

All of those items were reportedly on the table. And here’s the part that caught my attention: both sides openly acknowledge that none of it matters unless Russia itself shows “serious commitment to long-term peace.” Translation — Kyiv and the Trump team are aligning their vision first, then they’ll confront Moscow together.

The Grim Backdrop Nobody Can Ignore

While negotiators were poring over maps and term sheets, Russia launched one of its largest combined strikes of the entire war — more than 50 missiles and over 620 drones in a single night. Energy infrastructure, railways, apartment buildings — nothing was off limits.

Ukraine’s air defenses performed heroically (knocking out roughly 90 % of the incoming threats), but the damage was still severe and the symbolism brutal. It was almost as if Moscow wanted to remind everyone who still holds the bigger hammer.

Yet the very next morning, the Ukrainian president was praising his troops for giving him “confidence at the negotiating table.” There’s a quiet steel in that statement. He’s saying: we can fight and talk at the same time — and we will keep doing both until one of them actually works.

Why Trump’s Team Might Actually Succeed Where Others Failed

Traditional diplomats have spent three years cycling through the same tired playbook: more sanctions, more weapons packages, summit declarations, repeat. The battlefield inches forward, the body count climbs, and nothing fundamental changes.

The Trump approach looks radically different — and honestly, a little chaotic from the outside. Private envoys. Direct back channels. Heavy emphasis on economic carrots alongside the military sticks. It feels more like a hostile corporate takeover than classic statecraft.

But here’s the thing: the Abraham Accords felt chaotic too, until suddenly four Arab states normalized relations with Israel in a matter of months. Maybe chaos is exactly what calcified conflicts sometimes need.

The Reconstruction Angle Nobody Is Talking About (Yet)

Hidden in the updates was one line that jumped out at me: the parties “separately reviewed the future prosperity agenda.” That’s diplomat-speak for billions — possibly trillions — in rebuilding money, energy projects, tech zones, agricultural exports, the works.

Think Marshall Plan, but with private American capital taking the lead. If Trump can convince U.S. investors that Ukraine will be safe for business again, the economic pull could become stronger than any NATO membership debate. Money, as we all know, has a way of concentrating minds in the Kremlin too.

What Russia Thinks of All This

Moscow’s public line remains defiant — “we’ll talk only on our terms,” “Crimea is Russia forever,” etc. But the massive airstrikes also suggest nervousness. When your enemy starts negotiating with the incoming U.S. administration before that administration even takes office, you pay attention.

Russian state media has been strangely quiet about Kushner and Witkoff specifically. That silence itself is revealing. They don’t yet know whether to demonize them or court them.

Where Things Go From Here

Ukrainian negotiators are heading home for debriefs. More calls and likely more in-person meetings are already being scheduled. The incoming Trump administration hasn’t even been sworn in yet, and its shadow diplomacy is already reshaping the board.

Will it work? Nobody sane would bet the house on it today. Too many previous “breakthroughs” have collapsed into bitterness and renewed fighting. But for the first time in a long while, there is a concrete process, trusted messengers, and a shared recognition that perpetual war helps almost no one.

Sometimes that’s all it takes to move from impossible to merely very difficult. And very difficult, in this war, would already count as progress.


I’ve followed this conflict since the first tanks rolled across the border in 2022. I’ve seen hope flare and die more times than I can count. Yet this round of talks feels different — less scripted, more pragmatic, almost business-like. Whether that pragmatism is enough to tame one of the bloodiest wars in Europe since 1945 remains the great unknown.

But if peace does finally come, historians may look back at a Florida conference table — and a late-night phone call placed under air-raid sirens — as the moment everything started to turn.

Money is a terrible master but an excellent servant.
— P.T. Barnum
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