WASHINGTON: US Vice President JD Vance said Russia has made “significant concessions” toward a negotiated settlement in its war with Ukraine and was confident progress was being made despite the lack of clear signs the conflict is nearing an end.
Speaking on NBC’s “Meet the Press with Kristen Welker,” Vance said Russian President Vladimir Putin has made several concessions, including that Ukraine will receive security guarantees protecting against future Russian aggression.
“I think the Russians have made significant concessions to President Trump for the first time in three and a half years of this conflict,” Vance said in comments aired on Sunday.
“They’ve recognized that they’re not going to be able to install a puppet regime in Kyiv. That was, of course, a major demand at the beginning. And importantly, they’ve acknowledged that there is going to be some security guarantee to the territorial integrity of Ukraine.”
Russia’s invasion of Ukraine, launched in February 2022, started a conflict that has killed tens of thousands of people. In return for ending Russia’s attacks, Putin is demanding that Ukraine give up all of the eastern Donbas region, renounce ambitions to join NATO, remain neutral and keep Western troops out of the country, sources told Reuters last week.
Russian Foreign Minister Sergei Lavrov said in an interview broadcast on Sunday that a group of nations including United Nations Security Council members should be the guarantors of Ukraine’s security.
On Friday President Donald Trump renewed a threat to impose sanctions on Russia if there was no progress toward a peaceful settlement in Ukraine in two weeks, showing frustration at Moscow a week after his meeting with Putin in Alaska.
Vance said sanctions would be considered on a case-by-case basis, acknowledging that new penalties were unlikely to prompt Russia to agree to a ceasefire with Ukraine.
Vance pointed to Trump’s announcement this month of an additional 25 percent tariff on Indian goods as a punishment for New Delhi’s purchases of Russian oil as the kind of economic leverage that would be used in pursuit of peace.
“He’s tried to make it clear that Russia can be re-invited into the world economy if they stop the killing, but they’re going to continue to be isolated if they don’t stop the killing,” Vance said.
US VP Vance says Russia has made significant concessions toward Ukraine peace deal
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US VP Vance says Russia has made significant concessions toward Ukraine peace deal
- “I think the Russians have made significant concessions to President Trump for the first time in three and a half years of this conflict,” Vance said
GCC, India relaunch negotiations on free trade deal
- India’s trade with GCC was valued at more than $178 billion in 2024-25 fiscal year
- FTA will benefit infrastructure, petrochemicals sectors, Indian minister says
NEW DELHI: The Gulf Cooperation Council and India relaunched negotiations for a free trade agreement by signing the terms of reference for the talks on Thursday, about two decades after a first attempt stalled.
India already has a Comprehensive Economic Partnership Agreement with two GCC members, Oman and the UAE, signed last year and in 2022, respectively.
Its trade negotiations with the GCC — members of which also include Saudi Arabia — stalled following a framework agreement signed in 2004 and two rounds of talks held in 2006 and 2008.
“It is most appropriate that we now enter into a much stronger and robust trading arrangement which will enable greater free flow of goods, services, bring predictability and stability to policy, help encourage greater degree of investments and take our bilateral relations between the six-nations GCC group and India to greater heights,” India’s Commerce Minister Piyush Goyal said in a press conference in New Delhi on Thursday.
GCC-India bilateral trade was worth more than $178 billion in the 2024-25 fiscal year, accounting for more than 15 percent of India’s global trade. The region is also home to about 10 million Indians who live and work in the Gulf.
The relaunched negotiations with Gulf countries came as Delhi accelerated discussions to finalize several trade agreements in recent months.
Earlier this week, India reached a trade deal with the US after months of friction, following recent conclusions of similar negotiations with New Zealand and the EU.
“As, I believe, the GCC and India come closer together, we will become a force multiplied for global good,” Goyal said.
Food processing, infrastructure, petrochemicals and information and communications technology are sectors that will benefit from India-GCC FTA, he added.
The free trade negotiations are taking place at a time when globalization was “under attack,” said GCC’s chief negotiator, Dr. Raja Al-Marzouqi.
“It’s a message, a signal for the whole globe and it’s important for us at this time to try and be more cooperative,” he told reporters in New Delhi, adding that the first round of talks was likely to take place at the GCC headquarters in Riyadh.
“When we agree, we will contribute as long as possible to the stability of the global economy.”
