Russian president endorses two state solution, says Palestinian president invited to BRICS summit MOSCOW: Saudi Arabia is “sincere” in its efforts and would be an acceptable location for Russian-Ukrainian peace talks, Russian President Vladimir Putin said on Friday, but any negotiations would be dependent on Ukraine lifting its ban on dealing with Russia. During a press conference following the launch of the BRICS Business Forum in the Russian capital, Putin said in response to an Arab News question that he was open to the idea of participating in a peace conference hosted by Saudi Arabia, but noted that while the Kingdom would be an acceptable venue, the substance of the discussions would matter more than the location. “If such measures are organized in Saudi Arabia and the place, the venue, is acceptable, that would be acceptable to us,” he said, replying to a question from Arab News Editor-in-Chief Faisal J. Abbas. However, Putin stressed that the focus of any talks should be based on previous negotiations, specifically the draft agreement initially reached in Istanbul in 2022, which he says Ukraine later backed away from. “We are ready to continue a dialogue to attain peace, but building on a document that was prepared for detailed discussions for many months and was initialed by the Ukrainian side,” he said, adding that it was Ukraine, not Russia, that had halted negotiations. Saudi Arabia, despite condemning the Russian offensive at the United Nations, has taken a balanced stance, maintaining strong relations with both Russia and Ukraine, and has expressed a willingness to help resolve the crisis. Putin acknowledged the Kingdom’s balanced approach and its ability to engage both sides in dialogue. He clarified that Russia remained open to peace negotiations. “We would be ready to come back,” he said. “Like no other, Russia is interested to continue it as soon as possible by peaceful means.” Putin also welcomed initiatives from other countries. Praising Moscow’s ties Riyadh, Putin said: “We have good relations with both the King and friendly personal relations with the crown prince. I know, and I’m sure, that whatever Saudi Arabia does on this track, it does sincerely. No doubt here.” He noted that Saudi Arabia had shown itself to be an invaluable intermediary, balancing its friendly relations with both Moscow. The 16th annual BRICS summit will take place in Kazan, Russia, next week between the namesake five countries — Brazil, Russia, India, China and South Africa — as well as the first meeting for new members Egypt, Ethiopia, Iran and the UAE. Saudi Arabia, which was invited last year to join the bloc, will be represented by Foreign Minister Prince Faisal bin Farhan. For nearly a year, the Saudi foreign minister has been engaged in intense diplomatic efforts aimed at global recognition of a Palestinian state and finding a way to end the conflict in the Middle East. Putin told Arab News that the Israel-Palestine crisis would be on the agenda in discussions between the countries. He reiterated the Kremlin’s support for the implementation of the two-state solution, adding that he was in contact with authorities in Israel and Palestine and had invited Palestinian President Mahmoud Abbas to take part in next week’s summit. “Our stance is well known,” Putin said. “The baseline of our position was that we need to put into practice the UN Security Council resolution on building two states — Israel and the State of Palestine. It is the root cause of all problems.” He also said resolving the Palestinian issue could not be reduced to economic measures alone, underscoring the need to address the deep “historical” and “spiritual” dimensions of the conflict. “In my opinion, in addition to just material concerns, there are aspects related to the spiritual domain, to history, to the aspirations of peoples living in certain territories,” he said. “I think it is a much deeper idea, and it is more complex too.” In Putin’s view, the solution lies in ensuring the Palestinians have the right to return. He was clear that Russia’s stance, established during Soviet times, remains unchanged. “The main method to address the Palestinian issue is to create a full-fledged State of Palestine,” he said. Putin also criticised the disbanding the Middle East Quartet, a group that included the UN, the EU, Russia, and the US which aimed to mediate between Israelis and Palestinians. “Unfortunately, it was the wrong thing to do to disband the (Quartet). I mean, they (the US) are not to blame for everything, but the (Quartet) was working. They (the US) monopolized all the work. But eventually it failed, unfortunately.” During the briefing, Putin also said that 30 other countries had expressed interest in cooperation with BRICS nations, and said that its “doors are open, we are not barring anyone.” He echoed India’s Prime Minister Narendra Modi and said that BRICS was “not an anti-Western alliance, just a non-Western alliance.”