World March 2, 2026

Kremlin Says Continuing Negotiations With Kyiv Serves Russia’s Interests

Moscow reiterates preference for a diplomatic settlement even as talks appear stalled over Donbas demands

By Avery Klein
Kremlin Says Continuing Negotiations With Kyiv Serves Russia’s Interests

The Kremlin reiterated that it sees value in maintaining peace talks with Ukraine and that a political and diplomatic settlement remains Moscow’s preferred path to end the fighting. Kremlin spokesman Dmitry Peskov said Russia would continue to pursue negotiations that align with its interests, even as recent weeks have seen apparent stalemate over Moscow’s demand that Kyiv cede the remaining parts of the eastern Donbas region that Russia does not control.

Key Points

  • Kremlin officials say it is in Russia’s interest to continue peace negotiations with Ukraine and prefer a political and diplomatic settlement - markets sensitive to geopolitical risk such as defense and energy may react to changes in negotiation dynamics.
  • Talks have appeared deadlocked recently because Russia insists Ukraine hand over the remaining part of the Donbas region not controlled by Moscow, a demand President Volodymyr Zelenskiy has repeatedly rejected - this standoff affects political risk assessments for European and global markets.
  • Reporting suggests some Russian officials question the value of continuing U.S.-led talks unless Kyiv signals willingness to cede territory; this internal scepticism could influence the trajectory of negotiations and related market sentiment in commodities and defense sectors.

MOSCOW, March 2 - The Kremlin said on Monday that continuing peace negotiations with Ukraine was in Russia’s own interests and that Moscow still favored resolving the conflict by diplomatic means. The statement came amid signs that talks have been stalled recently by a dispute over Russia’s insistence that Ukraine hand over the portion of the eastern Donbas region Moscow does not currently control - a demand that Ukrainian President Volodymyr Zelenskiy has repeatedly rejected.

Comments from Kremlin spokesman Dmitry Peskov emphasized that, despite public signs of a deadlock, Russia remains committed to the negotiating process and that its posture has not shifted. Peskov framed the continuation of talks as aligned with Russia’s priorities, saying: "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." He also reiterated that "a political and diplomatic resolution" is Moscow’s preferred way of ending the fighting.

Recent reporting has suggested an internal reassessment among some Russian officials about the value of continuing the U.S.-led negotiations. That reporting, citing unnamed people familiar with the matter, said Russian officials increasingly saw little reason to press ahead with the talks unless Kyiv signalled it was prepared to relinquish territory.

When asked whether potential U.S. strikes on Iran would affect the Ukrainian peace process, Peskov said Russia continued to value U.S. mediation efforts while stressing that Moscow trusts itself "first and foremost" and will act in accordance with its own interests. The comments underscore Moscow’s stated willingness to keep diplomatic channels open, even as the precise conditions for progress in talks remain contested.


Analysts and policymakers will be watching whether the positions described by Peskov translate into resumed substantive negotiation or whether the reported internal doubts among Russian officials become a factor in further slowing the process. At present, public statements from the Kremlin reiterate a preference for diplomacy, while mentioning core national interests as the guiding constraint.

Risks

  • Negotiations could stall if Kyiv continues to reject Russia’s demand for the remaining Donbas territory, prolonging geopolitical uncertainty that can affect defense procurement and energy markets.
  • If Russian officials who see limited reason to continue U.S.-led talks prevail, diplomatic channels may weaken and elevate political risk for investors monitoring the region.
  • U.S. military actions or shifts in U.S. mediation efforts - referenced in questions about strikes on Iran - could alter the context for talks, introducing additional uncertainty for markets attentive to geopolitical developments.

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