Neutrality: Yes
Recognition of the Crimea annexation: yes
Russia can absorb the phony "republics" within the boundaries that existed before the current invasion.
The rest is nonsense.
In brief, establishment of Ukraine as a Russian protectorate.
Putinist Russia needs Lebensraum.
The reluctance to accept the above demands would lead to more demands, like all occupied areas to make new republics. Isn’t it perfectly clear?