Editor's note: This article has been updated to reflect comments made by the head of Russia's sovereign wealth fund, Kirill Dmitriev.
Ukrainian and European officials rejected Russian President Vladimir Putin's proposal for a ceasefire in exchange for Kyiv to cede its eastern territories to Russia, the Wall Street Journal (WSJ) reported on Aug. 9.
The EU and Ukrainian officials instead offered a counterproposal to U.S. officials ahead of a planned meeting between U.S. President Donald Trump and Putin on Aug. 15 in Alaska.
The development comes as Trump has suggested he will include Ukraine in future negotiations only after an initial meeting with Putin.
So we're looking at that, but we're actually looking to get some back," Trump said during a press conference alongside the leaders of Armenia and Azerbaijan.
I have just spoken again with President Zelensky, as well as with Chancellor Merz and Prime Minister Starmer.
Under this condition, several large cities under Ukrainian control would have to be handed over to Russia. »