Abstract

Abstract. The Peace Formula put forward by Volodymyr Zelenskyy at the G20 Summit was a response to the challenges caused by the russian-Ukrainian war and the destruction of the existing world order that followed it. Undoubtedly, the Formula stirred great resonance both among diplomatic circles and the entire international environment since the old system of regional and global security was destroyed, and the global world now faced the problem of finding the contours of a new architecture of international security. Therefore, the Formula represented an attempt to simultaneously solve a whole set of different-scale and multi-directional strategic tasks: urgent and long-term, regional and global, etc. The level of priority of those tasks depends not just on the course and outcome of russian-Ukrainian war but also on the challenges and threats that subsequently emerged at the global level of international security. The article describes the conditions and factors that preceded the emergence of the Peace Formula, as well as the process of filling the sessions and content of the document. The author emphasises the Formula’s significance for potential negotiations with russia to end the war and analyses the positions of key geopolitical actors regarding the implementation of the Peace Formula and its role in formulating security guarantees for Ukraine. Other aspects covered in the study include the influence of the decisions of the Vilnius NATO Summit on the fulfilment of the items of the Peace Formula, the prospects of security guarantees for Ukraine, and the ultimate formation of a new regional security architecture. Key words: Peace Formula, security guarantees, NATO, regional security.

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