MOSCOW - Kremlin spokesperson Dmitry Peskov announced Wednesday that work on a memorandum for a potential Russia-Ukraine peace agreement is actively progressing.

Speaking at a press briefing, Peskov noted that much of the work remains confidential "for obvious reasons." He emphasized Russia's openness to efforts from any country willing to contribute to resolving the Russia-Ukraine conflict.

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Peskov added that the location for further negotiations between Russia and Ukraine has not yet been determined. Meanwhile, Russia is working to implement a prisoner exchange agreement involving 1,000 captives, which was reached with Ukraine in Istanbul, Türkiye.

On Monday, Russian President Vladimir Putin held a phone call with US President Donald Trump, during which they agreed that Russia would propose and prepare a draft memorandum to outline a potential peace agreement with Ukraine. The memorandum is expected to address key issues, including principles for resolving the crisis, a timeline for a possible peace deal and conditions for a temporary ceasefire.

After his own conversation with Trump on Monday, Ukrainian President Volodymyr Zelensky reiterated that Ukraine would not compromise on territorial issues or withdraw from its territory. He urged Trump to ensure that no decisions regarding Ukraine are made without Kyiv's involvement, describing this as a critical principle for Ukraine.

Kursk displaced to return safely

Displaced residents of Russia's Kursk region will be able to return home safely despite ongoing challenges, Putin said Tuesday during his visit to the region.

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The president assured that citizens that have been temporarily displaced following Ukraine's incursion into the region would return home, noting that it is important to ensure security by demining populated areas, local media reported Wednesday, citing the Russian leader during a meeting with local officials.

During his work visit on Tuesday, Putin met with representatives from volunteer organizations and held a meeting with acting governor of the Kursk region Alexander Khinshtein. The Russian leader also toured the construction site of Kursk-2 nuclear power plant (NPP) and met with municipal leaders.

The president backed a proposal to extend the special economic zone to the entire Kursk region. He also approved funds to restore damaged homes in the region, and agreed to continue monthly payments to citizens who have been temporarily displaced.

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"We have shown the whole world ... and primarily ourselves that we are a united people. In times of hardship, this unity becomes especially clear," Putin said.

In August 2024, the Ukrainian army launched an offensive into Russia's southern Kursk region. On April 26, Putin announced that Russia had regained full control of the region.