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    Home > Headlines > Zelenskiy favours US proposal of three-way talks if it produces results
    Headlines

    Zelenskiy favours US proposal of three-way talks if it produces results

    Published by Global Banking & Finance Review®

    Posted on December 20, 2025

    3 min read

    Last updated: January 20, 2026

    Zelenskiy favours US proposal of three-way talks if it produces results - Headlines news and analysis from Global Banking & Finance Review
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    Tags:Presidentinternational financial institutionfinancial stabilityeconomic growthforeign currency

    Quick Summary

    Zelenskiy supports US-led talks with Russia focusing on prisoner exchanges and post-war recovery, aiming to retain control over Donbas.

    Zelenskiy Supports US Proposal for Three-Way Talks with Russia

    KYIV, Dec 20 (Reuters) - President Volodymyr Zelenskiy said on Saturday that Ukraine would back a U.S. proposal for three-sided talks with the United States and Russia if it facilitated more exchanges of prisoners and paved the way for meetings of national leaders.

    Zelenskiy, speaking to local journalists in Kyiv, also said top Ukrainian negotiator Rustem Umerov had told him of the latest discussions that took place on Friday with U.S. negotiators in the United States.

    A new round was scheduled for Saturday, he said, focusing on Ukraine's post-war recovery. Russian special envoy Kirill Dmitriev was also in Miami for talks with U.S. officials.

    Zelenskiy said the United States was now proposing three-sided talks -- the United States, Ukraine and Russia -- at the level of national security advisers.

    "If such a meeting could be held now to allow for swaps of prisoners of war or if a meeting of national security advisers achieves agreement on a leaders' meeting...I cannot be opposed. We would support such a U.S. proposal. Let's see how things go."

    Zelenskiy said Ukraine stood for proposals that would leave the "contact line" where it was without Ukraine having to give up territory it still controlled in the industrial region of Donbas in eastern Ukraine.

    "For me, the fair version is we stand where we are now standing," he said.

    "This is a matter of principle. Whatever the format and however we approach the issue, it is important for us that Ukrainian authorities retain control over that part of Donbas that we control now."

    He said a U.S. proposal to create a "free economic zone" in eastern Ukraine was a matter "to be decided by the people of Ukraine".

    "We are carefully working on every point, on every step in order to achieve not a vague 'understanding' about the division of territory and resources, but an agreement on stable and lasting peace and reliable security guarantees," he said.

    Zelenskiy also said Ukraine and its European allies should continue to support the current U.S.-led peace talks, a format that was worth "fighting for", while adding: "If it doesn't work out, we will all think about other options."

    Zelenskiy was responding to a question about remarks by French President Emmanuel Macron suggesting that Europe would have to re-engage in direct talks with Russia if the U.S.-led efforts founder.

    Zelenskiy earlier said he would discuss the new U.S. proposal for three-sided talks with Umerov.

    Ukraine and Russia have not negotiated face to face since July, but U.S.-backed shuttle diplomacy to end the almost four-year-old war in Ukraine has intensified in recent weeks. 

    (Reporting by Yuliia Dysa, editing by Mark Heinrich, Ron Popeski and Franklin Paul)

    Key Takeaways

    • •Zelenskiy supports US-led three-way talks with Russia.
    • •Focus on prisoner exchanges and post-war recovery.
    • •Ukraine aims to retain control over Donbas region.
    • •US proposes a free economic zone in eastern Ukraine.
    • •European allies urged to support US-led peace talks.

    Frequently Asked Questions about Zelenskiy favours US proposal of three-way talks if it produces results

    1What is a three-way talk?

    A three-way talk refers to discussions involving three parties, in this case, the United States, Ukraine, and Russia, aimed at resolving issues such as prisoner exchanges and diplomatic relations.

    2What is a national security adviser?

    A national security adviser is a senior official responsible for coordinating national security policy and advising the head of state on security matters.

    3What is a free economic zone?

    A free economic zone is a designated area where business and trade laws differ from the rest of the country, often to encourage investment and economic activity.

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