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Negotiations Slow Somewhat as The Conflict Enters a More Drawn Out Phase

RUSSIA
  • This week has seen little progress in negotiations, although the difficulties facing Russian troops has seemingly increased as Kyiv mounts targeted counter-offensives.
  • In the absence of greater urgency in negotiations, the conflict appears to be moving to a more protracted and drawn out phase, with US officials noting the Russian troops may be running low on munitions and precision missiles.
  • Some Ukrainian officials noted earlier in the week that that the active engagement portion could be reaching an end in a matter of weeks, but this remains uncertain.
  • Some unconfirmed reports suggested there was some minor progress in talks yesterday, but Russia has made few official announcements this week suggesting any positive developments to bring us closer to a ceasefire framework or potential Zelensky-Putin meeting.
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com

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