Investing.com -- Russia has shown willingness to consider a temporary ceasefire in Ukraine, contingent on progress toward a lasting peace agreement, according to a Friday report by Bloomberg. This development is the first positive reaction from Russian President Vladimir Putin to the call for a ceasefire by US President Donald Trump.

The offer was communicated during talks held in Saudi Arabia last month, between top officials from Russia and the United States.

Before agreeing to a halt in hostilities, Russia wants clarity on the fundamental principles of the final peace accord. Specifically, Russia is keen on defining the parameters of a potential peacekeeping mission, including consensus on the nations that would participate, according to a person familiar with the matter.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.