Moscow announced on Tuesday that it will soon send a draft peace memorandum to Ukraine, detailing key principles for a potential settlement. The document is expected to cover the terms of a ceasefire, the timing of a possible peace agreement, and other crucial points, according to Xinhua.

Russian Foreign Ministry spokesman Maria Zakharova claimed that Russia is currently finalizing the proposal and expects a response draft from Ukraine.

The move comes after a recent phone call between Russian President Vladimir Putin and US President Donald Trump, in which both leaders agreed that Russia would draft the inaugural peace memorandum for Ukraine, Xinhua reported.