Published by Global Banking and Finance Review
Posted on August 27, 2025
2 min readLast updated: January 22, 2026
Ukrainian officials are in Riyadh for peace talks, with plans for further discussions in Switzerland and New York, focusing on global diplomatic efforts.
KYIV (Reuters) -The Ukrainian president's chief of staff, Andriy Yermak, said on Wednesday he was in Riyadh along with security council chief Rustem Umerov ahead of talks later in the week with U.S. administration officials in New York.
Yermak, writing on the Telegram messaging app, said the talks in Riyadh focused on paths to peace in Ukraine, and Saudi Arabia's participation in this process. Yermak said they met the Saudi defence minister and national security adviser.
Ukrainian President Volodymyr Zelenskiy, speaking later in his nightly video address, said the delegation would hold talks on Thursday in Switzerland. They would go on to New York on Friday for talks with U.S. administration officials.
U.S. special envoy Steve Witkoff said on Tuesday that he would meet representatives from Ukraine in New York this week while saying that Washington continues to talk with Russia.
Zelenskiy said on Tuesday that Turkey, the Gulf states or European countries could host talks with Russian President Vladimir Putin.
(Reporting by Yuliia Dysa; Writing by Max Hunder; Editing by Mark Potter and Mark Porter)
A peace negotiation is a process where conflicting parties come together to discuss and resolve their differences, often with the aim of reaching a formal agreement to end hostilities.
An international financial institution is an organization that provides financial and technical assistance to countries for development projects, often aimed at reducing poverty and promoting economic growth.
A financial community refers to a network of individuals, organizations, and institutions involved in the management, investment, and distribution of financial resources.
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