Ahead of the high-stakes summit in Alaska, Russian President Vladimir Putin praised the Trump administration’s “energetic and sincere efforts” to end the conflict in Ukraine. Speaking at the Kremlin, Putin emphasized the potential for lasting peace and suggested that future talks could include agreements on strategic arms control. He expressed hope that negotiations with the U.S. would eventually lead to an updated framework similar to the New START treaty, which limits nuclear arsenals but expires in February 2026.

Putin described the summit as an opportunity to create “long-term conditions for peace” between the U.S. and Russia, and globally. He noted that future arms control discussions could serve as a foundation for broader diplomatic progress. The summit is also expected to touch on economic cooperation, and both leaders are slated to appear in a joint press conference afterward.

President Donald Trump, en route to Alaska, warned of “very severe” economic consequences if Russia halts progress toward peace in Ukraine. Speaking to reporters aboard Air Force One, he stated that meaningful business between the two nations would not resume until the war ends. He acknowledged Putin’s delegation includes Russian business leaders, signaling economic dialogue is possible if peace advances.

Trump also addressed questions about potential U.S. security guarantees to Ukraine, suggesting alternatives to NATO could be explored. While stopping short of specific promises, he indicated openness to working with European partners on a new framework that ensures regional stability without relying on NATO membership.

On territorial issues, Trump said Ukraine must make its own decisions but emphasized his role in bringing both sides to the table. He claimed Putin would have taken all of Ukraine if not for his leadership and warned that, without a peace agreement, Russia would face serious economic pressure.