London Daily

Focus on the big picture.
Monday, Jul 27, 2026

The Budapest Memorandum: A Deal That Should Have Ensured Peace in Ukraine

The Budapest Memorandum: A Deal That Should Have Ensured Peace in Ukraine

By invading Ukraine, Russia has once again offended the nation’s sovereignty, and in doing so, breached the 1994 Budapest Memorandum. Russia is among the signatories of the agreement, which ensured respect for Ukraine’s borders and freedom from being invaded by Russia, in return for Ukraine giving up its nuclear weapons.

Ukraine had around 1,700 nuclear warheads in 1994, more than the amount the United Kingdom, China, and France had put together. With the third largest nuclear arsenal in the world, the Ukrainian government now had a very strong deterrent to Russian aggression, but also a bargaining tool.

Powerful, but Dangerous Bargaining Tools


The weapons Ukraine possessed were its inheritance in the Commonwealth of Independent States (CIS), formed after the dissolution of the Soviet Union. The launch codes for the weapons were protected in Russia. At this point, the Ukrainian government had the option of reprogramming the weapons (a 2016 study suggested this would have taken roughly a year and a half), which would have made it the third most relevant nuclear power.

"But the government was also given a second major option: assurance from the two biggest nuclear powers, Russia and the United States, along with the United Kingdom, that the state’s territorial integrity and national sovereignty would be respected if it gave up its armament.


It was understandably difficult for Ukraine to enter the deal. Not only did it have a history of fighting for independence against Russia, but analysts were already warning of a Russian invasion in 1993 in the case that the warheads were given up. The economic difficulties that faced post-Soviet states were mounting in the early 90s, and it was in the interest of Western powers to avoid serious conflict by ensuring that preferably only one state, Russia, would have nuclear weapons. With pressure from both sides, Ukraine had to make a decision.

A Formal Assurance of Ukraine’s Sovereignty


In 1993, Ukraine signed a deal with Russia giving up its claims to the warheads and the Black Sea Fleet (the weakened fleet was in the Ukrainian territory of Crimea after the Soviet Union’s dissolution) in return for 2.5 billion dollars in gas and oil debt cancellation and future supplies for its nuclear power reactors. But the country’s entry into the Treaty on the Non-Proliferation of Nuclear Weapons was a negotiation which took three years, culminating in the Budapest Memorandum.

US President Bill Clinton, Russian President Boris Yeltsin, and Ukrainian President Leonid Kravchuk signed the Memorandum in Budapest on December 5. In return for entering the Non-Proliferation Treaty, the USA, the UK and Russia agreed to the following:

1. Ukraine’s independence, sovereignty, and existing borders shall be respected.

2. The signatories shall refrain from the threat or use of force against the territory or political independence of Ukraine.

3. The signatories shall refrain from influencing Ukrainian politics with economic pressure.

4. Immediate United Nations Security Council action shall provide assistance to Ukraine if it becomes the victim “of an act of aggression or an object of a threat of aggression in which nuclear weapons are used.”

5. Nuclear weapons shall not be used against Ukraine

6. Consult in the event that questions arise on these commitments

Putin Breaks Promise of Peace on False Claims


Vladimir Putin first breached the treaty in 2014 with the annexation of Crimea, violating Ukraine’s sovereignty. Putin claimed that his actions were justified, describing the Ukrainian situation as a revolution. “A new state arises,” he said, to which “we have not signed any obligatory documents.”

Once again, Putin feels the need to break the international agreement to meet his territorial ambitions. This time around he’s claimed that Russian troops need to “denazify” Ukraine, which is ironic considering that Volodymyr Zelensky is of Jewish origin, and was elected in a fair election with 70 percent of the vote.

The impact of Russia’s breach of the agreement is clear to everyone watching the news, and will continue to destabilize the region. Zelensky warned the 58th Munich Security Conference on February 19 that inasmuch as Russia chooses to breach the Budapest Memorandum, Ukraine is just as capable of doing the same.

Claims of Ukrainian Nuclear Rearmament Unrealistic


The Ukrainian president brought up the sixth point of the Memorandum, emphasizing that Ukraine has tried to bring together the signatories for a consultation three times since 2014, but all attempts have been unsuccessful.

Zelensky’s warning underscores a rebuilding of the nation’s nuclear arsenal, an option which Ukraine’s ambassador to Germany said the government was already considering last spring.

The alleged potential of Ukraine to produce nuclear weapons has also been cited by Russian officials as a justification for war. However, there is no proof of Ukraine having begun rearming itself with nuclear weapons. In fact, Western experts have asserted that Ukraine does not have the scientific, logistical, financial, and geopolitical strength to arm itself with nuclear warheads at this time.

On a positive note, the condemnation Russia has received by nearly the entire international community shows that international agreements such as the Budapest Memorandum do hold relevance in establishing right from wrong. Even if Putin chooses to break the agreement in favor of political ambitions, the offence has been recorded, and will be remembered.

Comments

Hugh Trimble 4 year ago
Don’t think NATO membership was in the cards for Ukraine but EU membership might be more scary for Putin. Imagine if Russia had a modern attitude, they could also have been in the EU. That would mean loss of sovereignty to Brussels for Putin in exchange for better economy. Not likely!
Oh ya 4 year ago
And the west and NATO should have told Ukraine a flat out no it would not be allowed in NATO also like a agreement that was signed promising RUSSIA that NATO would not move east. Promises broken

Newsletter

Related Articles

0:00
0:00
Close
Following OpenAI's Cyberattack: 'Most Companies Still Do Not Understand What Is Coming'
Autopsy Finds No Violence in Death of Epstein-Linked Model Scout
Indian Education Minister Resigns After Cockroach Youth Protests
California Desert Data-Centre Plan Stalls as Water and Power Disputes Mount
Northern Ireland Border Security Tightened After Military-Grade Explosive Interception
British Hospitality Sector Targets Summer Visitors Through Regional Promotions
England River Access Debate Intensifies After New Data Shows Limited Public Access
Royal Navy Strengthens Maritime Vigilance Amid Rising Security Concerns
UK Education Department Expands Mental Health Support for Young People Entering Work
UK Tourism Industry Launches Summer Campaigns to Boost Domestic Travel
North England Transport Plans Advance to Support Industrial Growth
Financial Markets Watch New Government’s Economic Strategy as Investors Assess Fiscal Risks
Royal Navy Continues Monitoring Russian Naval Activity Near UK Waters
UK Care Workers May Receive Immigration Exemptions Under Proposed Visa Changes
Health Secretary Yvette Cooper Begins Emergency Talks to Address NHS Staffing Shortages
UK Banks Launch High-Interest Savings Offers to Attract Household Deposits
North Sea Oil Drilling Projects Face Delays After Offshore Equipment Accident
Cairngorms Wildfire Highlights Growing Pressure on UK Emergency Services
UK Government Borrowing Plans Put Pressure on Ten-Year Gilt Markets
Royal Navy Aircraft Carrier HMS Prince of Wales Returns After NATO Northern Flank Mission
Metropolitan Police Opens Criminal Investigation Into Reform UK Political Donations
Scottish Government Requests Military Support as Cairngorms Wildfire Forces Emergency Response
Andy Burnham Takes Office as UK Prime Minister and Unveils New Cabinet Team
War, Youth Revolt and the Global Struggle for Control
War, Power and the Rising Price of Political Decisions
High Street Sales Suffer Sharpest Summer Decline in Five Years
Wales Approves Higher Taxes on Second Homes and Long-Term Empty Properties
Environment Agency Imposes Record £150 Million Penalty on Water Companies
UK Competition Watchdog Blocks U.S. Takeover of Cambridge Chip Designer
Scotland Unveils Land Reform Bill to Expand Renewable Energy Projects
Northern Ireland Secures £500 Million Technology Investment for Belfast Cybersecurity Hub
NHS Rolls Out AI Triage System Across Major Hospitals in England
UK Strengthens North Sea Naval Cooperation With European Allies
UK Chancellor Commits £7 Billion to Accelerate Manchester-Leeds Rail Link
Bank of England Signals Interest Rate Cuts After Inflation Falls Below Target
Badenoch Rejects Grant Shapps' Bid to Return as Conservative Candidate
BAE Chief Warns Britain Has Underestimated the Risk of War
Burnham Rules Out New Scottish Independence Referendum in First Talks With Swinney
UK Government Strengthens Northern Economic Agenda Through Manchester Headquarters and Regional Partnerships
United Kingdom Opens New Furness Peninsula Coastal Route Under King Charles the Third England Coast Path
England Reduces Business Costs for Hospitality Sector Through New Relief Package
United Kingdom Allocates Seven Point Three Million Pounds for Zero-Emission Aviation Research
United Kingdom Begins Restoration Works on Portishead Railway Line After Six Decades Without Passenger Services
United States Tariff Measures Create New Trade Challenges for United Kingdom and European Union Businesses
Prime Minister Andy Burnham Meets Scottish and Welsh Leaders to Promote Regional Growth Cooperation
United Kingdom Government Announces Twenty Percent Business Rates Cut for Pubs, Clubs, and Music Venues
Prime Minister Andy Burnham Opens Manchester Government Headquarters to Shift Decision-Making Away From Westminster
United Kingdom Defence Ministry Says Armed Forces Ready After Iran Accuses London Over US Military Strikes
United Kingdom Inflation Falls to Two Point Six Percent as Prime Minister Andy Burnham Gains Economic Breathing Room
OpenAI Sued After ChatGPT Allegedly Discouraged Emergency Care Before Near-Fatal Embolism
×