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preCharge News BUSINESS — Russian President Vladimir Putin on Monday declared a three-day ceasefire in the war with Ukraine next month to mark the 80th anniversary of World War II Victory Day.

The Kremlin said the 72-hour ceasefire would run on May 8, May 9 — when Putin will host international leaders, including Chinese President Xi Jinping, for lavish celebrations to commemorate victory over Nazi Germany — and May 10.

“All military actions are suspended for this period,” the Kremlin said in a statement. “Russia believes that the Ukrainian side should follow this example.”

Russian President Vladimir Putin.
Russian President Vladimir Putin. (Photo via AP)

Ukrainian Foreign Minister Andrii Sybiha, in response, said: “If Russia truly wants peace, it must cease fire immediately. Why wait until May 8th?”

A ceasefire should be “real, not just for a parade,” he posted on X.

There was no immediate response from Kyiv to the unilateral truce announcement.

The White House said U.S. President Donald Trump wanted a permanent ceasefire between Russia and Ukraine.

Against a background of increasing U.S. impatience, Putin’s move appeared aimed at signaling that Russia is still interested in peace — something that Ukraine and its European allies dispute.

‘Talks without preconditions’

The Kremlin statement said: “The Russian side once again declares its readiness for peace talks without preconditions, aimed at eliminating the root causes of the Ukrainian crisis, and constructive interaction with international partners.”

Kremlin spokesman Dmitry Peskov told reporters earlier that the signal for direct talks should come from Ukraine, as it currently had a “legal ban” on negotiating with Putin.

Kremlin spokesman Dmitry Peskov
Kremlin spokesman Dmitry Peskov. Photo: NBC

He was referring to a 2022 decree in which Zelenskyy ruled out such negotiations, after Russia had claimed four Ukrainian regions as its own in an action condemned as illegal by most countries at the United Nations.

Ukraine accuses Russia of playing for time in order to try to seize more of its territory, and has urged greater international pressure to get Moscow to stop fighting.

Russia accuses Ukraine of being unwilling to make any concessions and of seeking a ceasefire only on its own terms.

Trump on Sunday urged Russia to stop its attacks in Ukraine and suggested Zelenskyy was ready to give up Crimea, which Russia seized from it in 2014.

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Associated Press, CNBC News, Fox News, and preCharge News contributed to this report.