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Russia, Ukraine Discussing Ceasefire, to Issue Statement in Several Hours - Aide

Published 03/29/2022, 05:10 AM
Updated 03/29/2022, 05:16 AM
© Reuters

By Geoffrey Smith 

Investing.com -- Ukrainian and Russian diplomats are discussing a possible ceasefire in talks that resumed in Istanbul, Turkey, on Tuesday morning, newswires quoted an aide to the Ukrainian president as saying.

A statement will be issued "in several hours," newswires reported Mykhaylo Podolyak, an aide to President Volodymyr Zelensky, as saying. Podolyak had earlier tweeted that the delegations "are working in parallel on the entire spectrum of contentious issues."

Separately, newswires reported Russia's Defense Minister Sergei Shoigu as saying that the main tasks of the first part of what Russia calls a "special military operation" were now completed, stoking speculation that Moscow is also looking for a way to justify a peace settlement.

 

“On the whole, the main goals of the first step of the operation have been fulfilled,” the news agency Interfax reported Shoigu as saying. “The fighting capacity of Ukraine’s armed forces has been substantially reduced, which allows us to devote our main attention and efforts to achieving the main goal – the liberation of Donbas.”

Prior to invading Ukraine on February 24th, Russia had recognized the two breakaway statelets that it has sponsored since 2014, the Donetsk and Luhansk People’s Republics, as independent.

However, there was no immediate reference by Shoigu to the other aims proclaimed by Moscow at the start of its attack – the ‘de-Nazification’ and ‘demilitarization’ of Ukraine, a further indication that the Kremlin has dropped its more extreme demands after encountering far greater resistance than it had bargained for.

Ukraine's Zelensky for his part has also tempered his country's position since the start of the war, offering to drop the country's aspiration to join NATO, which is currently enshrined in Ukraine's constitution. One of the trickier parts of the ongoing discussions will be how to guarantee Ukraine's security in the absence of more powerful allies. Russia had already promised never to attack Ukraine in 1994 in return for Ukraine giving up the Soviet nuclear weapons based on its territory, under the terms of the Budapest Memorandum. Russia subsequently refused to ratify the agreement. 

According to the Financial Times, Zelensky is seeking security guarantees from not just Russia and the major Western powers, but also China, which has conspicuously refused to condemn Russia's invasion.

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Latest comments

Both the West and Russia consider Ukraine a”buffer zone”; neither side wants to be forced into war to protect Ukraine from an invasion,but both sides want to control Ukraine as a buffer zone. Russia has conducted this current aggression in Ukraine just as it did in Chechnya, and with similar results.
Not accurate. Putin wants Ukraine as part of his vision of restoring former glory and the west wants Ukraine to remain a free people with the right to self-determination in their support of democracy.
At a very minimum russia should return Crimea, pull out of Donbas, plus cede the territories of Rostov and Krasnodar as a compensation for their atrocities
What??? Russia should give Sochi??? Putin has too much of his own money wrapped up in Krasnodar krai…it will never happen while he is alive
like they are not going to get more weapons later 🙄
Keep all sanctions in place until Ukraine is restored and compensated by ***Russia
Finish them, Ukraine!
stop spreading wrong news
they will spread it to cover hedge funds then hedge funds will short and crush retail investors it's all to pump the algos...
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