LIVE: Russia says de-escalation not a ceasefire; talks have long way to go

Russian negotiators earlier on Tuesday gave an undertaking to sharply scale back military activity around Ukraine's capital Kyiv and the northern city of Chernihiv

11:42 PM

Scholz, Biden and allies agree to keep pushing for Russian ceasefire: German govt

The leaders of Germany, the United States, France, Britain and Italy agreed in a phone call on Tuesday afternoon to keep pushing Russia for a ceasefire and for the withdrawal of its troops from Ukraine, a German government spokesman said.

 

German Chancellor Olaf Scholz, U.S. President Joe Biden, French President Emmanuel Macron, British Prime Minister Boris Johnson and Italian Prime Minister Mario Draghi also agreed to keep up the high sanctions presure on Russia, spokesperson Steffen Hebestreit said in a statement.

 

And they urged Russian President Vladimir Putin "to finally allow the delivery of urgently needed humanitarian help for people in Ukraine and to erect effective humanitarian corridors ... esepcially in the city of Mariupol," Hebestreit.

 

Finally, the leaders discussed measures to secure energy security and to counter high energy prices.

11:30 PM

Russian oligarch Deripaska loses US court battle to lift sanctions

A US appeals court in Washington on Tuesday rejected a bid by Russian aluminum tycoon Oleg Deripaska to lift sanctions imposed on him by the United States in 2018, finding that American officials had sufficient evidence to back up their action.

 

A three-judge panel of the U.S. Court of Appeals for the District of Columbia Circuit ruled against Deripaska's appeal of a federal judge's ruling last year dismissing the oligarch's lawsuit challenging the sanctions. U.S. District Court Judge Amit Mehta had ruled that Deripaska's numerous claims in the lawsuit lacked merit.

11:22 PM

Biden says 'we'll see' if Russia de-escalates in Ukraine

US President Joe Biden on Tuesday said it remains to be seen whether Russia follows through with any actions to scale down its military operations in Ukraine, saying Washington and its allies will continue with strong sanctions and aid for Ukraine.

 

"We'll see if they follow through with what they're suggesting" as Moscow-Kyiv negotiations continue, he told reporters at the White House following his meeting with Prime Minister Lee Hsien Loong of Singapore. "We're going to continue to keep a close eye on what's going on."

10:45 PM

Russia-backed Donetsk Republic will consider joining Russia

The Russian-backed self-proclaimed Donetsk People's Republic in eastern Ukraine may consider joining Russia once it controls all of Ukraine's Donetsk region, its news outlet cited separatist leader Denis Pushilin as saying on Tuesday.

 

"The main task is to reach the constitutional borders of the republic. Then we will determine that," Pushilin was quoted by the Donetsk News Agency as saying.

10:41 PM

Poland moves to block coal imports from Russia

Poland's government decided Tuesday to block imports of coal from Russia, part of a strategy to reduce energy dependence on Russia that gained new urgency after Moscow's invasion of Ukraine.

 

Poland will impose financial penalties on any private entities importing Russian coal into Poland, with Polish customs officials carrying out checks, government spokesman Piotr Mueller said as he announced the new policy. He added that Poland could no longer wait for the whole 27-nation European Union to embrace the policy.

 

Following Russia's invasion of Ukraine, the EU, the United States and some other powers imposed a range of economic sanctions on Russia. But Europe, which is historically dependent on Russian energy primarily oil and gas but also coal to some extent has had trouble weaning itself off of Russian energy.

10:33 PM

Putin, Macron discussed Ukraine, rouble payments for gas: Kremlin

Russian President Vladimir Putin and his French counterpart Emmanuel Macron discussed developments in the situation around Ukraine, including the latest round of Russia-Ukraine talks in Istanbul, in a phone call on Tuesday, the Kremlin said.

 

Putin and Macron also discussed Russia's decision to request payments in roubles for Russian gas supplies to the European Union, the Kremlin said in a statement.

10:04 PM

US, allies weigh another $500 mln in Ukraine aid: Source

The United States and its allies are discussing another possible round of assistance for Ukraine that could reach a collective $500 million, a source familiar with the situation told Reuters on Tuesday.

 

A U.S. official declined to confirm the figure but said the United States was "actively working on how best to continue our support for the Ukrainian government through security, humanitarian and financial assistance."

10:04 PM

US official warns any Russian troop movement 'not a withdrawal'

Any movement of Russian forces from around Kyiv would constitute a "redeployment, not a withdrawal", a U.S. official said on Tuesday after Russia promised to scale down military operations near the Ukrainian capital.

 

"We believe any movement of Russian forces from around kyiv is a redeployment, not a withdrawal. And the world should be prepared for continued major offensives against other areas of Ukraine," the official said, adding: "They are shifting gears ... No one should mistake that for Russia ending the conflict."

9:52 PM

Western official says Russia seems to be playing for time with peace talks

Russia has not yet demonstrated it is serious about peace talks with Ukraine and appears to be using negotiations as a tactic to play for time, a Western official said on Tuesday, adding the hope was still that a ceasefire could be agreed eventually.

 

"In terms of the negotiations, nothing that we have seen so far has demonstrated to us that President (Vladimir) Putin and his colleagues are particularly serious about that, it's more of a tactical exercise in playing for time," the Western official.

 

The official, speaking on condition of anonymity, added that talks were "nevertheless the best way forward in due course".

 

"We would hope that at some stage it would become real and lead to a ceasefire... We are sceptical that it is real just yet. Nevertheless, we do want to see a ceasefire which will emerge ultimately from a negotiation," the official said.

9:41 PM

Russia mulls delisting Russian firms' depositary receipts from foreign exchanges: IFX cites source

Russia's economy ministry has proposed delisting Russian companies' depositary receipts from foreign exchanges, the Interfax news agency reported on Tuesday, citing a source familiar with the proposal prepared by the ministry.

 

The price of the depositary receipts of major Russian companies on the London Stock Exchange (LSE) plunged after Moscow started what it calls "a special military operation" in Ukraine on Feb. 24 but Kyiv say is an unprovoked war of aggression.

 

The LSE suspended trading in the depositary receipts - which represent shares in a foreign company - of Russian companies in early March.

9:02 PM

No change in law needed for rouble gas payments: Russian lawmaker

Foreign consumers of Russian natural gas should simply acquire roubles to pay at the Moscow Exchange and no change in the law is required, a senior Russian lawmaker was quoted as saying after Moscow said foreign currency would no longer be accepted.

 

Putin's order last week to charge "unfriendly" countries in roubles for Russian gas has boosted the currency after it fell to all-time lows when the West imposed sweeping sanctions against Moscow over its military operation in Ukraine, which also sent European gas prices higher.

 

The move has drawn strong criticism from European countries, which pay for Russian gas mostly in euros and say Russia is not entitled to redraw contracts, with the G7 nations rejecting Moscow's demands this week.

8:44 PM

Britain wants full withdrawal of Russia from Ukraine: PM Johnson's spokesman

Britain wants to see a full withdrawal of Russian forces from Ukraine and will judge tentative steps towards a possible peace deal by actions rather than words, Prime Minister Boris Johnson's spokesman said on Tuesday.
 

Asked if Johnson was encouraged by Russia's promise to scale down military operations around Kyiv and northern Ukraine as a confidence-building step, Johnson's spokesman said "we will judge Putin and his regime by his actions, not by his words".

 

"There has been some reduction in Russian bombardment around Kyiv, largely because Ukrainian forces have been successfully pushing back the Russian offensives in the northwest of the city," he told reporters.

 

"But fighting continues. There's heavy bombardment in Mariupol and other areas. So we don't want to see anything less than a complete withdrawal of Russian forces from Ukrainian territory."

8:35 PM

Russia says promised de-escalation falls short of ceasefire

Russia's promise to scale down military operations around Kyiv and northern Ukraine does not represent a ceasefire, Moscow's lead negotiator in talks with Ukraine said on Tuesday.

 

"This is not a ceasefire but this is our aspiration, gradually to reach a de-escalation of the conflict at least on these fronts," Vladimir Medinsky said in an interview with the TASS news agency, referring to the promise to scale down operations near the cities of Kyiv and Chernihiv.

8:00 PM

Blinken says no sign Russia serious on Ukraine peace efforts

U.S. Secretary of State Antony Blinken has not seen "signs of real seriousness" from Russia in pursuing peace after its invasion of Ukraine, he said on Tuesday, adding that Moscow should end its aggression now and pull its forces back.

7:52 PM

Ships stranded in Ukraine as conflict slows UN rescue efforts

With more than 1,000 seafarers stranded on ships in Ukrainian ports and food supplies running low, the United Nations is pressing for their safe passage out of danger but security risks and disagreements are hobbling those efforts, maritime sources say.

 

Russia's military took control of waterways when it invaded Ukraine on Feb. 24, in what Moscow calls a "special operation".

 

Since then at least 100 foreign flagged ships with over 1,000 seafarers have been stuck inside Ukrainian ports with food supplies running low, shipping officials say.

6:57 PM

Ukraine proposes Moscow drop any opposition to it joining EU: Official

Russian lead negotiator Vladimir Medinsky said on Tuesday that Kyiv's proposals to Moscow at talks in Istanbul included one that Russia would not oppose Ukraine joining the European Union.

 

He made the comment in footage broadcast on state television after talks between Russia and Ukraine in Istanbul.

6:43 PM

Oil drops 5% on positive signals from Russia-Ukraine peace talks

Oil fell as much as 5% and wheat prices also plunged after Russia said it would cut some military operations. The ruble climbed past 83 per dollar, approaching levels seen before Russia invaded Ukraine. The currency led gains among emerging markets for a second-straight day.

 

Meanwhile, Russia continued to sidestep a default by making a $102 million coupon payment on bonds due in 2035. That follows a move to make principal and interest payments on $2 billion of bonds due next month. The nation also offered to buy back the debt in rubles.

6:41 PM

Turkey says Ukraine-Russia talks in Istanbul concluded

Peace talks between Russian and Ukrainian negotiating teams, held in Istanbul on Tuesday, will not continue for a second day, the Turkish foreign ministry said.

 

Russia has decided to drastically cut its military activity around Kyiv and Chernihiv in Ukraine, one of its deputy defence ministers said earlier. 

6:26 PM

Biden, European leaders to discuss Ukraine on Tuesday: White House

U.S. President Joe Biden will hold a call with the leaders of France, Germany, Italy and the United Kingdom on Tuesday to discuss the latest developments in Russia's invasion of Ukraine, the White House said.

 

Biden is scheduled to convene the call with French President Emmanuel Macron, German Chancellor Olaf Scholz, Italian Prime Minister Mario Draghi and British Prime Minister Boris Johnson at 9:15 a.m. (1315 GMT), it said.

6:17 PM

Turkey says Russia-Ukraine talks in Istanbul mark most significant progress yet

Talks between Ukrainian and Russian negotiators in Istanbul on Tuesday marked the most significant progress in discussions to date, Turkish Foreign Minister Mevlut Cavusoglu said after the negotiations concluded.

 

Ukrainian and Russian negotiators held the first face-to-face meeting between the sides in more than two weeks on Tuesday, amid Russia's invasion of its neighbour, now in its fifth week.

 

Speaking at the venue of the talks in Istanbul, Cavusoglu said Turkey welcomed the two countries reaching compromise and a common understanding on certain issues and said the war must end as soon as possible.

5:44 PM

Russia says it will drastically cut military activity near Kyiv, Chernihiv

Russia has decided to drastically cut military activity around Kyiv and Chernihiv in Ukraine, its deputy defence minister said on Tuesday, after talks between Russian and Ukrainian negotiating teams in Istanbul.

 

The official, Alexander Fomin, said the decision was taken in the interest of creating mutual trust and the necessary conditions for further talks to take place.

 

The General Staff would reveal in more detail the decisions that had been taken after the Russian delegation returned to Moscow, Fomin said.

5:32 PM

Ukraine offers neutrality in exchange for security guarantees at Russia talks

Ukraine proposed adopting neutral status in exchange for security guarantees at the latest round of talks with Russia, meaning it would not join military alliances or host military bases, Ukrainian negotiators said on Tuesday.

 

The proposals would also include a 15-year consultation period on the status of annexed Crimea and could come into force only in the event of a complete ceasefire, the negotiators told reporters in Istanbul.

5:24 PM

Unprecedented hike in oil price a challenge, says Finance Minister Nirmala Sitharaman

5:10 PM

Ceasefire alone not enough to lift British sanctions, PM Johnson told cabinet

A ceasefire agreement between Russia and Ukraine would not be enough to trigger the lifting of British sanctions, British Prime Minister Boris Johnson told a meeting of his senior ministers on Tuesday.

 

"The prime minister said a ceasefire alone would not be cause for UK sanctions to be removed on Russia," Johnson's spokesman told reporters, giving his account of the cabinet meeting.

 

"He said the pressure on (Russian President Vladimir) Putin must be increased both through further economic measures and providing military aid to ensure Russia changes course completely."

4:54 PM

Rs 8.35 trn devolved to states from central taxes in current fiscal: FM

4:36 PM

Kremlin says Abramovich acting as go-between in Ukraine talks

Billionaire Roman Abramovich is not an official member of the Russian team negotiating with Ukraine, but is present at the talks in Turkey to "enable certain contacts" between the two sides, the Kremlin said on Tuesday.

 

Abramovich who is sanctioned by the West over Moscow's invasion of Ukraine due to his ties with President Vladimir Putin, was present on Tuesday at the first direct peace talks in more than two weeks in Istanbul.

 

"Roman Abramovich is involved in enabling certain contacts between the Russian and Ukrainian sides," Kremlin spokesperson Dmitry Peskov told reporters in a conference call.

4:31 PM

Ukraine war having impact on all countries like pandemic had, says FM

4:22 PM

Disputes in 6 remaining areas of Assam-Meghalaya border to be resolved soon, says HM Amit Shah

3:58 PM

'No handshake' as Ukraine, Russia delegations meet for peace talks

Ukrainian and Russian negotiators met in Turkey on Tuesday for the first face-to-face talks in nearly three weeks, with Ukraine seeking a ceasefire without compromising on territory or sovereignty as its forces have pushed Russians back from Kyiv.

 

Turkish President Tayyip Erdogan welcomed delegations from both sides at an Istanbul palace, saying "stopping this tragedy" was up to them. Ukrainian television reported the talks had begun with "a cold welcome" and no handshake.

 

Ukraine and the United States hold little hope of an immediate breakthrough. But the resumption of face-to-face talks is an important first step towards a ceasefire in a Russian invasion that is stalled on most fronts but inflicting horrible suffering on civilians trapped in besieged cities.

3:20 PM

France's Macron to talk to Russia's Putin later on Tuesday

French President Emmanuel Macron is due to talk to his Russian counterpart Vladimir Putin later this Tuesday, according to the French presidential palace.

 

Ukrainian and Russian negotiators are meeting in Turkey for the first face-to-face talks in nearly three weeks, with Kyiv seeking a ceasefire without compromising on territory or sovereignty.