Putin, US President Agree on Peace Memorandum for Ukraine

Word on the StreetMonday, May 19, 2025 6:09 pm ET
1min read

Russian President Vladimir Putin and the American President engaged in a telephone conversation that lasted over two hours. Putin, in a statement following the call, described the dialogue as "very productive and constructive." He emphasized Russia's commitment to a peaceful resolution of the Ukrainian crisis, while also stressing the need for more effective measures to achieve this goal.

During the conversation, Putin and the American President agreed on several key points. Notably, Russia expressed its willingness to propose suggestions and collaborate with Ukraine to draft a memorandum outlining the principles and timeline for a future peace agreement. This memorandum is intended to serve as a preliminary step towards a comprehensive peace treaty, encompassing various clauses such as the principles of achieving peace and the specific date for signing the peace agreement.

Putin highlighted that the current challenge lies in both Russia and Ukraine demonstrating a maximum effort towards peace and finding a compromise that satisfies all parties. He reiterated Russia's clear stance on eliminating the root causes of the crisis. The resumption of talks in Istanbul indicates that progress is being made in the right direction.

This development signifies a potential shift in the ongoing conflict, as both sides have shown a willingness to engage in dialogue and explore peaceful solutions. The memorandum, if successfully drafted and agreed upon, could pave the way for more substantive negotiations and ultimately lead to a cessation of hostilities. However, the path to peace remains fraught with challenges, and the success of these efforts will depend on the ability of both sides to bridge their differences and commit to a lasting resolution.

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