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    1. Home
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    3. >Zelenskiy says Kyiv ready for peace talks, but will not cede territory
    Headlines

    Zelenskiy Says Kyiv Ready for Peace Talks, but Will Not Cede Territory

    Published by Global Banking & Finance Review®

    Posted on October 28, 2025

    2 min read

    Last updated: January 21, 2026

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    Tags:Presidentinternational financial institutionfinancial communityeconomic growthforeign currency

    Quick Summary

    Ukraine is open to peace talks but refuses to cede territory, with Zelenskiy excluding Russia and Belarus as venues. Trump supports a ceasefire.

    Zelenskiy Asserts Ukraine's Stance on Peace Talks and Territory

    Ukraine's Position on Peace Talks

    KYIV (Reuters) -Ukraine is ready for peace talks but will not withdraw its troops from additional territory first as Moscow has demanded, President Volodymyr Zelenskiy said.

    In comments to reporters released on Tuesday, he said he was happy for talks to be held anywhere, except in Russia itself or on the territory of its close ally Belarus.

    Plans for a summit in Budapest this month between U.S. President Donald Trump and Russia's Vladimir Putin were put on hold after Moscow stuck to demands, including that Ukraine cede more territory as a condition for a ceasefire. Trump has backed Ukraine's call for an immediate ceasefire on current lines.

    Zelenskiy's Comments on Diplomacy

    "It's absolutely clear that we're approaching diplomacy only from the position where we currently stand. We will not take any steps back and leave one part of our state or another," Zelenskiy said.

    "And the important result is that the American side finally made this a public signal: President Trump came out with such a message."

    Concerns Over Meeting Locations

    Zelenskiy said he was happy to attend talks, including in Hungary, despite reservations about some of the positions of its Prime Minister Viktor Orban, who, he said, "blocks everything for Ukraine".

    "If there will be results, then God bless - let the talks take place anywhere," he said. "It almost doesn't matter, just not in Russia, of course, and definitely not in Belarus."

    Call for U.S. Support and Sanctions

    Zelenskiy also urged U.S. lawmakers to pass tougher restrictions on Russia after Trump imposed sanctions on Moscow's two biggest oil companies.

    Ukraine would need stable financing from its European allies for another two or three years, Zelenskiy said.

    (Reporting by Dan Peleschuk; Editing by Peter Graff)

    Table of Contents

    • Ukraine's Position on Peace Talks
    • Zelenskiy's Comments on Diplomacy
    • Concerns Over Meeting Locations
    • Call for U.S. Support and Sanctions

    Key Takeaways

    • •Ukraine open to peace talks but won't cede territory.
    • •Zelenskiy excludes Russia and Belarus as meeting locations.
    • •Trump supports Ukraine's call for a ceasefire.
    • •Zelenskiy urges tougher US sanctions on Russia.
    • •Ukraine seeks stable financing from European allies.

    Frequently Asked Questions about Zelenskiy says Kyiv ready for peace talks, but will not cede territory

    1What is territorial integrity?

    Territorial integrity refers to the principle under international law that nations should not violate the borders of other states.

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