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Turkey’s Foreign Minister Mevlüt Çavuşoğlu said talks Tuesday between Russia and Ukraine in İstanbul marked the “most significant progress” since war broke out between the two countries, Agence France-Presse reported.
Speaking after three hours of talks between delegations from both Moscow and Kyiv, Çavuşoğlu said the discussions represented “the most significant progress since negotiations began” following Russia’s invasion of Ukraine. Talks would not resume on Wednesday, he added.
Enough progress had been made at the talks to resolve the conflict with Russia to enable a meeting between Volodymyr Zelensky and Vladimir Putin, the presidents of the two countries, Ukraine’s top negotiator said.
“The results of today’s meeting are sufficient for a meeting at the leaders’ level,” Ukrainian negotiator David Arakhamia said.
Oil prices fell while the ruble rallied along with European and US stocks upon the positive news from the talks.
The ruble surged by more than 10 percent against the dollar while oil fell by more than 5 percent.