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International peace talks

Zelenskyy, Putin to meet in Turkey

Analysis based on 10 articles · First reported May 10, 2025 · Last updated May 12, 2025

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The prospect of direct peace talks between Ukraine and Russia, influenced by Donald Trump, could lead to a de-escalation of the conflict, potentially reducing geopolitical risk premiums in energy and defense markets. A successful negotiation could stabilize regional economies and improve investor sentiment towards both Ukraine and Russia.

Defense Energy Financials

Ukrainian President Volodymyr Zelenskyy has agreed to meet Russian President Vladimir Putin in Turkey for peace talks on Thursday. This decision follows public urging from former US President Donald Trump, who emphasized the need to end the conflict immediately. Vladimir Putin had initially proposed direct talks in Istanbul, rejecting earlier demands from European leaders and Ukraine for a 30-day ceasefire. While Volodymyr Zelenskyy initially conditioned talks on a ceasefire, Donald Trump's intervention, particularly given his influence over US arms supplies to Ukraine, shifted the stance. The proposed meeting, if it occurs, would be the first between the two leaders since December 2019 and aims to negotiate a possible end to the ongoing conflict. However, Russia's preconditions for talks, including considering a 2022 draft peace deal and the current situation on the ground, suggest that negotiations will be complex.

85 Vladimir Putin proposed direct talks Ukraine
80 Donald Trump urged to accept Volodymyr Zelenskyy
70 Vladimir Putin set terms for Ukraine
50 European Union backed call for Ukraine
40 Yuri Ushakov told reporters
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Keith Kellogg, Donald Trump's Ukraine envoy, endorsed the demand for an unconditional 30-day ceasefire from Russia.
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Yuri Ushakov, a senior Kremlin aide, clarified that any talks must consider a 2022 draft peace deal and the current situation on the ground, indicating Russia's preconditions.
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