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Appeasement of an aggressor state is not the answer to lasting peace. Total defeat for the aggressor bully is the only way. Neville Chamberlain and the Munich Agreement are the most often cited example of this.

The war might be paused if Ukraine is pressured into a weak position through an agreement, but it WILL be only paused. Russia and Putin will not honor this "agreement." Russia has proven that a Russian signature on a treaty is not worth the paper it's written on. Russia is a mafia/terrorist state and by invading Ukraine more than once now, Russia has spat upon the Budapest Memorandum, which had Ukraine give up it's nuclear arsenal for a guarantee of Ukraine's sovereign borders. You can bet Russia wants Ukraine to give up the Flamingo cruise missiles and any other advanced weaponry and likely as well, it's most advanced and best trained military units. If such an "agreement" is signed, Ukraine's death knell will begin (with Ukraine weakened through this "agreement," Russia WILL invade again) and the high probability of WWIII will be on the horizon.

This "deal" is strangely timed though. Ukraine is winning at the moment. Russia's economy will collapse and the present power structure in the Kremlin is scrambling for survival. Forcing Ukraine to acquiesce at this moment only gifts to Russia the time to prepare for waging more war.