NEW DELHI: Ukrainian and Russian delegations convened today at Istanbul's Ciragan Palace for their second round of direct peace negotiations since 2022, aiming to halt the ongoing three-year conflict. The talks proceed under heightened tensions following significant military escalations from both sides over the weekend.

Ukraine has introduced a comprehensive peace proposal that includes a 30-day full ceasefire, mutual return of prisoners and displaced children, and a subsequent summit between Presidents Volodymyr Zelenskyy and Vladimir Putin. The plan also calls for reparations and rejects recognition of Russia's annexation of Ukrainian territories. 

In contrast, Russia has yet to present its formal demands but has indicated expectations for NATO expansion limits, sanctions relief, and Ukraine's neutral status. 

The negotiations are further complicated by recent military actions. Ukraine's "Operation Spider’s Web" reportedly destroyed over 40 Russian aircraft, including nuclear-capable bombers, causing approximately $7 billion in damage. In retaliation, Russia launched extensive drone and missile attacks across Ukrainian cities, resulting in civilian casualties. 

Despite these challenges, both delegations have exchanged ceasefire proposals. Ukrainian Defense Minister Rustem Umerov emphasized the need for sincere negotiations, while Russian delegation head Vladimir Medinsky acknowledged receipt of Ukraine's draft memorandum. 

International actors, including U.S. Secretary of State Marco Rubio and Turkish Foreign Minister Hakan Fidan, are involved in facilitating the talks. However, skepticism remains regarding the potential for significant progress, given the deep divisions and ongoing hostilities.

The outcome of these talks remains uncertain, with the international community closely monitoring developments in hopes of a resolution to Europe's largest conflict since World War II.