I have been making this argument for years. From my 2008 essay, “Americans Play Monopoly, Russians Chess“:
On the night of November 22, 2004, then-Russian president – now premier – Vladimir Putin watched the television news in his dacha near Moscow. People who were with Putin that night report his anger and disbelief at the unfolding “Orange” revolution in Ukraine. “They lied to me,” Putin said bitterly of the United States. “I’ll never trust them again.” The Russians still can’t fathom why the West threw over a potential strategic alliance for Ukraine. They underestimate the stupidity of the West….
I will offer the assertion that partition is the destiny of Ukraine….
Russia’s survival depends not so much on its birth rate, nor on immigration, nor even on prospective annexation, but on the survival of the principle by which Russia was built in the first place. That is why Putin could not abandon the pockets of Russian passport holders in the Caucusus. That Russia history has been tragic, and its nation-building principle brutal and sometimes inhuman, is a different matter. Russia is sufficiently important that its tragedy will be our tragedy, unless averted.
The place to avert tragedy is in Ukraine. Russia will not permit Ukraine to drift to the West. Whether a country that never had an independent national existence prior to the collapse of communism should become the poster-child for national self-determination is a different question. The West has two choices: draw a line in the sand around Ukraine, or trade it to the Russians for something more important.
My proposal is simple: Russia’s help in containing nuclear proliferation and terrorism in the Middle East is of infinitely greater import to the West than the dubious self-determination of Ukraine. The West should do its best to pretend that the “Orange” revolution of 2004 and 2005 never happened, and secure Russia’s assistance in the Iranian nuclear issue as well as energy security in return for an understanding of Russia’s existential requirements in the near abroad. Anyone who thinks this sounds cynical should spend a week in Kiev.