Ukraine, Switzerland Prepare Meeting To Push Peace Formula
(Bloomberg) -- Ukrainian President Volodymyr Zelenskiy said his government is working with Switzerland to hold a high-level peace conference in the Alpine nation as Kyiv seeks to recruit allies for a peace blueprint.
The Ukrainian leader, speaking after arriving in Switzerland en route to the World Economic Forum in Davos, said all countries that respect Ukraine's sovereignty and territorial integrity would be invited, including nations in the so-called Global South, as well as China.
“They are playing a big role in the world,” Zelenskiy, speaking alongside Swiss President Viola Amherd, said of China on Monday. “That's why we would really like for China to be involved in our formula, also to be involved in the summit, definitely.”
Zelenskiy and Amherd spoke outside the Swiss capital Bern. Chinese Prime Minister Li Qiang was received at the same venue by the Swiss president earlier in the day. Swiss and Ukrainian authorities had declined to comment on whether Li and Zelenskiy had met.
“We have agreed that from tomorrow, our teams will start working on the details,” Amherd said. Russia, as in previous formats, would not be invited, Zelenskiy said.
A meeting of national security advisers focused on Ukraine's peace formula ended in Davos a day before with no clear path forward. Kyiv had hoped the meeting in the Swiss mountain town would help build backing for its 10-point peace plan.
Zelenskiy will head to talks with political and business leaders at the WEF. In Davos, he will try to rally support for his nation after Ukraine failed to meet its objectives in last year's counteroffensive and faces uncertainty over wartime funding from the US and European Union.
Swiss Foreign Minister Ignazio Cassis, who co-chaired the meeting on Sunday, said neither Ukraine nor Russia, which was not invited to the discussion, is prepared to make territorial concessions.
Ukraine seeks two leader-level meetings this year to discuss and back the so-called peace formula, but so far no date was set.
After the counteroffensive yielded few results, Zelenskiy said last week that a key priority for 2024 is to prevent the war from turning into a frozen conflict, which would give Russia time to replenish its military power.
More stories like this are available on bloomberg.com
©2024 Bloomberg L.P.
-
Midterm Rally Lasted A Day. The Hard Reality Of A Divided US May Last Two Years | Opinion
Between a contested AI boom, a debt ceiling that arrives in 2027 and a president with every incentive to act alone, the next two years may prove more volatile than the first day's rally suggests.
-
Blue Wave Will Derail the AI Trade but Won't Dismantle the AI Era | Unhedged Position
The Democrats' sweep of the US Congress will see politics collide with economic forces both over the long and short term.
-
It's Time To Take The GST Council's Bet On Trust Global
Payment records can prove India's services exports, and clear, proportionate rules can bring foreign digital sellers into the tax net.
-
Opinion | India at 38: From Innovation Overperformer to Innovation Powerhouse
India now has 453 VC-backed deep science startups, 18 of them late-stage, after 117 percent growth since 2020. Laurus Labs, at USD 9.3 billion, is the most valuable deep science company in any middle-income economy outside China.
-
Navigating Energy Crossroads: S Jaishankar's Call For Diversified Supply Chains At G20 Ministerial Meeting
As geopolitical fault lines continue to test maritime trade routes and commodity flows, Jaishankar's message remains pertinent: true economic resilience requires open markets, protected transit lines, and a genuine commitment to multilateral cooperation rather than coercion.
-
Indians Are Travelling, But Not Every Journey Is A Holiday | The Week In Whys
Pilgrims, patients and working women are the real travellers, and the system hasn't quite caught up with them.
-
Getting To Work Costs Women More | The Reason Why
It is not just about women paying more than men. It is about women paying much more in cities than in villages.
-
AI Bias In Investing Cannot Be Eliminated, But It Can Be Governed
Framing is a particularly important example as identical financial information presented in terms of gains rather than losses can lead an LLM to reach a different assessment.
-
Joining The Dots | Dark Skies, Steady Diya: Why Hope Holds This Diwali
With war, a weak rupee and foreign outflows weighing on sentiment, policymakers at the NDTV World Summit and market veterans at NDTV Profit Ignite: Diwali Edition offered the same advice: stay invested and filter out the noise.