Dalay: Putin Blames Ukraine & EU for the Lack of Deal

Bloomberg

13 hours ago

Live on Bloomberg TV
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00:00Before we get to this meeting today, I want to start with what we saw on Friday and what, if anything, you think was accomplished or achieved by these two leaders. I think first what the true leader wanted from these meetings. Putin clearly wanted the meeting, wanted a deal, at least a deal and a cease fire to be in all of the meetings. And obviously the Putin got to a meeting that he wanted that's effective. And then the western isolation of Russia breaking the Western consensus on Russia. And probably he hopes that it's not only going to be Ukraine in talks between himself and Trump, but rather Ukraine turns into one subject among many other subjects. That's all the subject includes from that and from the nature, the overall nature of the relation between us and Russia, how to improve it and how to prevent the further sanctions coming down on Russia. So therefore, for Putin, the meetings and the meetings should not be only about Ukraine. For Trump, obviously he wanted a deal that to be announced. Right now what we see at this word in terms of the initial outcomes that Putin has gotten, what it wanted, which was the meetings and the Trump in terms of what he has gotten is still unclear. But what is so important, what is so significant at this stage is the normalization of the meetings and the record like treatment with the Putin by the by the most important by the most important country in the world, which is the united of the most powerful country in the world in the Western camps. And I think that meeting probably has paved the way for paved the way for other meetings coming down, coming down on the coming down the road. And the finally, in all the important things that Russia always wanted to talk about, the European security, not only Ukraine, but the overall nature of the European security order with us, not with with Europeans. And thus far it seems that the Russia is succeeding. Well. Well, so then where does that leave the discussions around a ceasefire or potentially peace? Because Trump also wants to see Zelensky and Putin meeting in the near term. European leaders are against that. Is that not a part of the discussion right now? Is that what you're saying? Well, the Trump wanted a ceasefire and they found that Putin didn't want a ceasefire. Is that the Putin talk about a comprehensive peace agreement which is unlikely to be achieved anytime soon? And I think one thing that probably one strategy that put it is pursuing the failure of getting a comprehensive deal, whatever that means at this stage, because that will that will involve some really tough questions regarding the territorial adjustment, the regarding what the U.S. means by the security guarantees that deal with the security guarantees that has been floated around, whether that is effectively a NATO like commitment without the NATO membership for Ukraine or what it is like, just like an idea that is being floated without much of much did. But nevertheless, right now, the if the failure the failure of this talk about a comprehensive deal, I think then Putin wants to blame Ukraine and Europeans for the intransigence and then basically tell the standard from that it was it was dumb that they didn't want a comprehensive deal rather than Russia once did, and therefore that it is time for the U.S. and Russia to even to reset the ties despite the fact that there may not be over or Ukraine. Gleb, do you see the European leaders stepping in and potentially changing the calculus of where these talks are at right now? Well, the trouble with European leaders or the European strategy towards Russia, towards Ukraine is even though Europe has been talking about the plan A, plan B, a plan C, but all of them coming to the same idea, actually, how to keep the U.S. in the game in one way or another. I still don't see any European plans despite all this talk about or the formation of the coalition of the willing, the formation, or the idea that the U.S. may not be in the game for long despite all this holds. I still do not see any European plan that is premised on the idea that Europe and the U.S. might be completely out of the picture. So the idea that I see is still gaining currency at the European capital. If the US even withdraw in presence, can we can we have like the U.S. backstops for the Europeans? So that's the first thing. The second thing that I see beyond offering the financial commitment, beyond offering further military equipment to Ukraine and further financial financial help to Ukraine, also buy more from the Americans. What for markets? I still don't see a workable European plan if the U.S. exit, if the U.S. is not in endgame. So therefore, this is like a drastic moment where, as in true for the European security, but probably one of the most significant days that we are passing through since the end of the Cold War and the tragedy for Europe. The Europe is not ready for the game. Europe is not ready for the challenge. If the U.S. is not in the game.