Leaders of the U.S. Department of State and Europe are developing a comprehensive 4-point plan to solve a Ukraine conflict, it is reported. Washington and Brussels are working on a mutual peace plan to provide the financial and security advantages for each side as a basis for a territorial deal. The diplomatic initiative recently picked up speed in Florida when the American, European, and Ukrainian negotiators met.

The first pillar of the proposed deal is national reconstruction, which is heavily emphasized. Ukrainian negotiators have reportedly requested the Office of the President of Ukraine to submit detailed estimates of the cost of reconstruction of the country’s infrastructure.

The second key element is the setting of strong security assurances for both countries. The U.S. Department of Defense and the allies are taking a more active role in coordinating Ukraine’s defense needs, although it is unclear at this time what security measures will be provided to the Government of Russia to guarantee regional stability.

The third leg of the plan is the economic integration of the European Union, Russia and Ukraine under a “strategic energy agreement. One component of the idea could be a joint pipeline that would carry Russian oil and gas to Europe, and share the profits between Moscow and Kyiv. Moreover, this part would provide Russia with long-term energy market access in Europe and would set a deadline for the withdrawal of the current sanctions.

The fourth and final settlement offering is a ceasefire along the current border. The immediate cessation of hostilities is seen as the essential bedrock needed for successful implementation of the comprehensive reconstruction, economic and security agenda in the joint proposal.