Kremlin spokesperson Dmitry Peskov announced ongoing work on a draft memorandum for a potential Russia-Ukraine peace agreement, with many details kept confidential. The location for future negotiations has yet to be decided, Xinhua reported.

Meanwhile, Russia is moving to implement a prisoner exchange involving 1,000 captives, following an agreement reached with Ukraine in Istanbul, Turkey.

On Monday, Russian President Vladimir Putin and United States President Donald Trump agreed that Russia would create a peace agreement outlining principles for resolving the conflict, a schedule, and conditions for a temporary ceasefire, according to Xinhua.

Ukrainian President Volodymyr Zelensky, after speaking with Trump, reiterated that Ukraine will not concede territory and stressed that no decisions should be made without Kyiv’s consent.