Dec. 19 (UPI) -- Russian President Vladimir Putin said he was determined to continue the war in Ukraine until his conditions are met, which include taking Ukrainian territory.

Putin spoke at his annual press conference and touted Russia's recent gains in the region.

"The strategic initiative is completely in the hands of the Russian forces," Putin said. He added that Russia is "ready to end the conflict peacefully" if Ukraine cedes large areas of its eastern territories.

Ukrainian President Volodymyr Zelensky has said Ukraine won't give up its land, which is set by the country's constitution.

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