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International peace talks

Zelenskyy seeks Putin peace talks in Turkey

Analysis based on 6 articles · First reported May 13, 2025 · Last updated May 14, 2025

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General
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The potential for peace talks between Ukraine and Russia, driven by international pressure, could lead to a de-escalation of the conflict, positively impacting global energy markets and reducing geopolitical risk. However, Russia's reluctance to commit to a ceasefire and continued military actions introduce uncertainty, potentially leading to further sanctions on Russia's energy and financial sectors.

Defense Energy Financial Services

Ukrainian President Volodymyr Zelenskyy has announced his readiness to meet Russian President Vladimir Putin in Turkey for face-to-face peace talks, aiming to secure a ceasefire in the ongoing three-year war. This initiative comes amid significant pressure from the United States and European leaders, including President Donald Trump and German Chancellor Friedrich Merz, who are pushing for a settlement. Turkey, with President Recep Tayyip Erdoğan, is set to host the negotiations. However, Vladimir Putin has not yet confirmed his attendance, and Russia continues military actions, including drone attacks on Ukraine. European leaders accuse Vladimir Putin of delaying peace efforts while attempting to gain more Ukrainian territory. Ukraine insists on an unconditional ceasefire before any negotiations can proceed, citing continuous attacks. The legitimacy of Volodymyr Zelenskyy's presidency has been questioned by Vladimir Putin, though Volodymyr Zelenskyy dismisses these claims as propaganda. The two leaders have only met once before, in 2019, and Volodymyr Zelenskyy had previously issued a decree making negotiations with Vladimir Putin impossible after Russia's 2022 annexation of Ukrainian regions.

70 Russia ruled out Ukraine
70 Donald Trump urged attendance Ukraine
70 Donald Trump urged attendance Russia
60 Russia fired drones and missiles Ukraine
50 Friedrich Merz pressed for ceasefire Russia
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As an adviser to Volodymyr Zelenskyy, Mykhailo Polyakov stated that Volodymyr Zelenskyy will only meet with Vladimir Putin, not lower-level Russian officials, to avoid prolonging the peace process.
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As the Kremlin spokesman, Dmitry Peskov has refused to confirm Vladimir Putin's attendance at the proposed peace talks, indicating Russia's cautious stance.
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