Trilateral talks in Istanbul in 2025. Stock photo

Sources familiar with the matter have told the Financial Times that Russia is unlikely to take part in any substantive negotiations before February 2027. Kremlin leader Vladimir Putin believes that by then Russia will have occupied all of Donetsk Oblast and that the US will have pressured Ukraine into making concessions.

Source: Financial Times

Quote: "Russia's focus on Putin's maximalist goals means Moscow is unlikely to take part in any meaningful talks before February next year, another person in Moscow involved in back-channel talks to end the war said."

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