Russia and Ukraine Agree to Three-Day Ceasefire and Prisoner Exchange
Russia and Ukraine have agreed to a three-day ceasefire from May 9 to 11, coinciding with Victory Day celebrations, and will exchange 1,000 prisoners each.
On May 8, 2026, U.S. President Donald Trump announced that Russia and Ukraine have agreed to a three-day ceasefire from May 9 to 11, coinciding with Victory Day celebrations. The agreement includes a suspension of hostilities and the exchange of 1,000 prisoners from each side.
Ukrainian President Volodymyr Zelenskyy and Kremlin adviser Yuri Ushakov confirmed the agreement. Zelenskyy emphasized the importance of prisoner repatriation over symbolism, declaring Red Square off-limits for Ukrainian strikes during the parade. Kremlin spokesman Dmitry Peskov dismissed Ukraine's decree as a "silly joke."
The ceasefire is the result of U.S.-led diplomatic efforts, with Zelenskyy thanking Trump and stressing the need for the U.S. to ensure Russian compliance. Despite this progress, Secretary of State Marco Rubio noted that diplomatic efforts have largely struggled to achieve lasting outcomes, though the U.S. remains open to facilitating peace if conditions improve.