Ukrainian President Volodymyr Zelensky said on Monday that a proposed peace plan now under discussion with the United States and Europe has incorporated "correct" points, but sensitive issues were to be discussed with US President Donald Trump.

"As of now, after (talks in) Geneva, there are fewer points, no longer 28, and many correct elements have been incorporated into this framework," Zelensky said in his nightly video address.

"Our team has already reported today on the new draft of steps and this is truly the right approach. The sensitive issues, the most delicate points, I will discuss with President Trump."

Zelensky said the process of producing a final document would be difficult and Ukraine appreciated the assistance offered by other countries and the "constructive" US approach.

Multiple media reports say the US-proposed 28-point peace plan has been trimmed to a 19-point framework after talks in Geneva on Sunday. Though there were no specifics, the dialogue received a cautious welcome from some of Ukraine's allies.

"Many of the controversial provisions were either softened or at least reshaped" to get closer to a Ukrainian position or reduce demands on Ukraine, Oleksandr Bevz, a Ukrainian official who participated in the Geneva talks, was quoted by The Washington Post as saying.

He added that a Thursday deadline, set by Trump for an agreement on the 28-point plan, now appears more flexible than it did before.

"It's not a code red – it's more important to finalise the text," said Bevz.

The original plan would have required Kyiv to cede more territory, accept curbs on its military and bar it from ever joining Nato – conditions Kyiv has long rejected as tantamount to surrender. It would also do nothing to allay broader European fears of further Russian aggression.

Ukraine's European allies drew up a counter-proposal which, according to a copy reviewed by Reuters, would halt fighting at present front lines, leaving discussions of territory for later, and include a Nato-style US security guarantee for Ukraine.

Donald Trump hinted at new progress.

"Is it really possible that big progress is being made in Peace Talks between Russia and Ukraine??? Don’t believe it until you see it, but something good just may be happening," Trump wrote on Truth Social.

Later at the White House, spokeswoman Karoline Leavitt said there were a couple of points of disagreement remaining, but "we're confident that we'll be able to work through those."

She said Trump wanted a deal as quickly as possible but there was no meeting currently scheduled between the US president and Zelensky.

Moscow, which described the initial reported US plan as a potential basis for an agreement, rejected the European version.

"The European plan, at first glance... is completely unconstructive and does not work for us," Kremlin foreign policy aide Yuri Ushakov told reporters in Moscow. (Reuters/ Xinhua)