Economy March 2, 2026

Kremlin Reaffirms Preference for Diplomatic Resolution in Ukraine Talks

Moscow says it remains open to negotiations even as talks stall over Donbas demands

By Nina Shah
Kremlin Reaffirms Preference for Diplomatic Resolution in Ukraine Talks

The Kremlin said on Monday that Russia continues to view ongoing negotiations with Ukraine as aligned with its interests and that a political and diplomatic settlement remains Moscow's preferred means of ending the conflict. Kremlin spokesman Dmitry Peskov reiterated Russia's openness to talks, while recent reporting has highlighted an impasse over Russia's demand that Ukraine cede the remainder of the Donbas region not under Moscow's control. Peskov also commented on U.S. mediation and said Moscow would prioritize its own interests.

Key Points

  • The Kremlin said continued negotiations with Ukraine serve Russia's interests and that Moscow prefers a political and diplomatic settlement.
  • Talks have stalled over Russia's demand that Ukraine surrender the remaining portion of Donbas not under Moscow's control, a proposal President Volodymyr Zelenskiy has rejected.
  • Kremlin spokesman Dmitry Peskov said Russia remains open to negotiations, values U.S. mediation, but will prioritize its own interests - remarks that bear on geopolitical risk assessments for markets and sectors sensitive to conflict.

The Kremlin said on Monday that continued negotiations with Kyiv are in Russia's interest and that Moscow favors resolving the conflict through political and diplomatic channels.

Kremlin spokesman Dmitry Peskov reiterated that Russia remains committed to dialogue despite recent suggestions to the contrary. "We have our own interests that we must protect, and it is in our interests to continue these negotiations. We certainly remain open to these negotiations," Peskov said, adding that "a political and diplomatic resolution" was Moscow's preferred approach to ending the fighting.

Talks have run into difficulty in recent weeks amid disagreement over the fate of the eastern Donbas region. Moscow has insisted Ukraine surrender the portion of Donbas still outside Russian control, a demand that Ukrainian President Volodymyr Zelenskiy has rejected.

Reporting over the weekend, citing people familiar with the matter, said some Russian officials have questioned the point of continuing U.S.-led negotiations unless Kyiv signaled a willingness to cede territory. Peskov responded by saying Russia's stance toward the negotiations had not changed.

When reporters asked whether possible U.S. strikes on Iran would affect the Ukraine peace process, Peskov said Russia continued to value mediation efforts by the United States. He also emphasized that Moscow trusted itself "first and foremost" and would act in line with its own interests.


The Kremlin's public comments reinforce Moscow's stated preference for a negotiated settlement, even as substantive disagreements persist over territorial demands. The combination of a firm Russian position on Donbas and Peskov's remarks on U.S. mediation leaves the future of the talks uncertain.

This reporting outlines the current positions expressed by Kremlin officials and recent accounts of how some Russian policymakers view the utility of continued talks, without new developments beyond those statements.

Risks

  • Negotiations remain at an impasse due to Russia's demand for control of remaining Donbas territory - a continued stalemate could sustain geopolitical uncertainty affecting markets.
  • Reports that some Russian officials see limited reason to continue U.S.-led talks unless Kyiv signals willingness to cede territory introduce the risk that formal negotiations could be curtailed.
  • Uncertainty about whether U.S. actions in the Middle East - including possible strikes on Iran - would influence the Ukraine peace process creates an additional variable for markets and policy makers.

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