Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking and Finance Review

Global Banking & Finance Review

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2025 GBAF Publications Ltd - All Rights Reserved.

    ;
    Editorial & Advertiser disclosure

    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Headlines > Americans, Russians have discussed Ukraine war through Swiss side channel, sources say
    Headlines

    Americans, Russians have discussed Ukraine war through Swiss side channel, sources say

    Americans, Russians have discussed Ukraine war through Swiss side channel, sources say

    Published by Global Banking and Finance Review

    Posted on February 20, 2025

    Featured image for article about Headlines

    By Gram Slattery and Emma Farge

    WASHINGTON (Reuters) - U.S. and Russian participants have quietly met in Switzerland for unofficial discussions about the Ukraine war in recent months, including as recently as last week, three sources with knowledge of the matter said.

    The sources described the talks as a side channel with some contacts occurring during the transition period following President Donald Trump's Nov. 5 election victory.

    While the attendees have diplomatic and security experience, they are not government officials, and it was not immediately clear if any were sent by their governments, two of the sources said. The sources declined to identify the attendees.

    At least a small number of advisers to Trump are aware of the encounters, said one of the sources, who had direct knowledge of the matter.

    Many other details remain unclear, including the meetings' agendas, whether Ukrainians were present and when the encounters began.

    But the previously undisclosed meetings highlight behind-the-scenes U.S. and Russian efforts to explore ways of ending the Ukraine war despite a near-freeze on official contact under Trump's predecessor, former President Joe Biden.

    Trump, in office for just a month, has sharply changed the U.S. approach toward the three-year-old Ukraine conflict, engaging directly with Russian President Vladimir Putin and pushing for a quick deal to end the war.

    On Tuesday, top U.S. officials met with Russian officials in Saudi Arabia, including Russian Foreign Minister Sergei Lavrov.

    One of the sources described the Switzerland talks as Track Two discussions - diplomatic parlance for unofficial dialogue geared toward improving communication and floating ideas, rather than developing concrete proposals.

    The White House National Security Council, the Ukrainian government and the Russian foreign ministry did not respond to requests for comment.

    Two of the sources said at least one encounter took place in Geneva during last week's Munich Security Conference, a gathering of international political leaders and security chiefs in the German city.

    Reuters reported last year on separate Track Two talks in 2023 and early 2024, when Putin sent signals that he was willing to consider a ceasefire in Ukraine. Those talks appeared to come to nothing.

    Historically, Track Two talks have helped build dialogue among deeply distrustful counterparties in the hope that better communication might lead to diplomatic breakthroughs.

    In 2023, NBC reported that former U.S. national security officials held secret talks with Russians believed to be close to the Kremlin, with some members eventually meeting with Lavrov, the foreign minister.

    One of the sources suggested Track Two talks may have lost much of their relevance as U.S. and Russian officials have established official channels of dialogue in recent weeks.

    (Reporting by Gram Slattery in Washington and Emma Farge in Geneva; Additional reporting by Tom Balmforth in Kyiv and Guy Faulconbridge in Moscow; Editing by Don Durfee and Cynthia Osterman)

    Related Posts
    OpenAI taps former UK finance minister Osborne to lead global Stargate expansion
    OpenAI taps former UK finance minister Osborne to lead global Stargate expansion
    US threatens countermeasures after EU fine on Musk's X
    US threatens countermeasures after EU fine on Musk's X
    EU drops 2035 combustion engine ban as global EV shift faces reset
    EU drops 2035 combustion engine ban as global EV shift faces reset
    Israeli settler kills 16-year-old Palestinian in West Bank, mayor says
    Israeli settler kills 16-year-old Palestinian in West Bank, mayor says
    FCAS fighter jet "very unlikely" after ministers' talks, source says
    FCAS fighter jet "very unlikely" after ministers' talks, source says
    Campari's parent company settles tax dispute with 405 million euro payment
    Campari's parent company settles tax dispute with 405 million euro payment
    Universal offers to sell Downtown's Curve to win EU approval, source says
    Universal offers to sell Downtown's Curve to win EU approval, source says
    Reactions to European Commission proposal to reverse 2035 combustion engine ban
    Reactions to European Commission proposal to reverse 2035 combustion engine ban
    Italy's offshore wind push languishes, putting climate goals at risk
    Italy's offshore wind push languishes, putting climate goals at risk
    New Rome metro stations showcase ancient treasures after years of delays
    New Rome metro stations showcase ancient treasures after years of delays
    New Czech government signals tough stance on migration, EU emissions rules
    New Czech government signals tough stance on migration, EU emissions rules
    What's in the European Commission's proposals to reverse 2035 combustion engine ban? 
    What's in the European Commission's proposals to reverse 2035 combustion engine ban? 

    Why waste money on news and opinions when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Previous Headlines PostTrudeau, Zelenskiy stress Ukraine must be included in talks to end war
    Next Headlines PostEU's Kallas warns against Ukraine talks giving in to Russian aggression

    More from Headlines

    Explore more articles in the Headlines category

    Zaporizhzhia nuclear plant running on single power line, Russia says

    Zaporizhzhia nuclear plant running on single power line, Russia says

    No news on whereabouts or health of Iranian Nobel laureate Narges Mohammadi, supporters say

    No news on whereabouts or health of Iranian Nobel laureate Narges Mohammadi, supporters say

    EU talks to fund Ukraine with Russian assets make progress, key decisions seen Thursday

    EU talks to fund Ukraine with Russian assets make progress, key decisions seen Thursday

    Germany wraps up Patriot air defence mission in Poland

    Germany wraps up Patriot air defence mission in Poland

    Bosnian police detain two officials over deadly retirement home fire

    Bosnian police detain two officials over deadly retirement home fire

    Explainer-Bondi Beach suspects travelled to Philippine region known for Islamist militancy

    Explainer-Bondi Beach suspects travelled to Philippine region known for Islamist militancy

    Family of Bondi hero in Syria says his home country is proud of him

    Family of Bondi hero in Syria says his home country is proud of him

    UK police charge two men with belonging to Hezbollah, attending terrorism training

    UK police charge two men with belonging to Hezbollah, attending terrorism training

    Exclusive-Saudi firm Midad among frontrunners to buy Lukoil's global assets, sources say

    Exclusive-Saudi firm Midad among frontrunners to buy Lukoil's global assets, sources say

    UK police arrest teenage boy for murder after 9-year old girl dies

    UK police arrest teenage boy for murder after 9-year old girl dies

    Russia is main treat to peace in Euro-Atlantic area, eight northern and eastern European countries say

    Russia is main treat to peace in Euro-Atlantic area, eight northern and eastern European countries say

    UK to review foreign interference in politics after ex-Reform member's Russia bribery case

    UK to review foreign interference in politics after ex-Reform member's Russia bribery case

    View All Headlines Posts