• Ukrainian President Volodymyr Zelenskyy joins heads of states and country representatives during the Ukraine peace summit at the Burgenstock resort, near Lucerne, Switzerland, on June 15. AFP
    Ukrainian President Volodymyr Zelenskyy joins heads of states and country representatives during the Ukraine peace summit at the Burgenstock resort, near Lucerne, Switzerland, on June 15. AFP
  • British Prime minister Rishi Sunak, left, is welcomed by Mr Zelenskyy. AFP
    British Prime minister Rishi Sunak, left, is welcomed by Mr Zelenskyy. AFP
  • Swiss Federal President Viola Amherd, left, with Charles Michel, President of the European Council, centre, and Mr Zelenskyy. EPA
    Swiss Federal President Viola Amherd, left, with Charles Michel, President of the European Council, centre, and Mr Zelenskyy. EPA
  • Saudi Arabia's Minister of Foreign Affairs Faisa bin Farhan Al Saud is welcomed by Mr Zelenskyy. Reuters
    Saudi Arabia's Minister of Foreign Affairs Faisa bin Farhan Al Saud is welcomed by Mr Zelenskyy. Reuters
  • Canadian Prime Minister Justin Trudeau, left, with Mr Zelenskyy. EPA
    Canadian Prime Minister Justin Trudeau, left, with Mr Zelenskyy. EPA
  • US Vice President Kamala Harris, middle left, Greece's Prime Minister Kyriakos Mitsotakis, middle, Swiss Federal President Viola Amherd, bottom left, Turkish Minister of Foreign Affairs Hakan Fidan, top centre, Mr Zelenskyy, bottom right, President of the European Commission Ursula von der Leyen, middle right, and Swiss Foreign Minister Ignazio Cassis, bottom right. AFP
    US Vice President Kamala Harris, middle left, Greece's Prime Minister Kyriakos Mitsotakis, middle, Swiss Federal President Viola Amherd, bottom left, Turkish Minister of Foreign Affairs Hakan Fidan, top centre, Mr Zelenskyy, bottom right, President of the European Commission Ursula von der Leyen, middle right, and Swiss Foreign Minister Ignazio Cassis, bottom right. AFP
  • Mr Zelenskyy welcomes Ms von der Leyen. EPA
    Mr Zelenskyy welcomes Ms von der Leyen. EPA
  • French President Emmanuel Macron speaks with Dutch Prime Minister Mark Rutte. Reuters
    French President Emmanuel Macron speaks with Dutch Prime Minister Mark Rutte. Reuters
  • Spain's President Pedro Sanchez, left, and Mr Sunak walk to the podium for a photograph with heads of states and country representatives. AFP
    Spain's President Pedro Sanchez, left, and Mr Sunak walk to the podium for a photograph with heads of states and country representatives. AFP
  • German Chancellor Olaf Scholz, right, with Gambia's Minister of Information Ismaila Ceesay. AFP
    German Chancellor Olaf Scholz, right, with Gambia's Minister of Information Ismaila Ceesay. AFP
  • Swiss Federal President Viola Amherd, Ukrainian President Volodymyr Zelenskiy, U. S. Vice President Kamala Harris, Canadian Prime Minister Justin Trudeau, European Commission President Ursula von der Leyen, European Council President Charles Michel, British Prime Minister Rishi Sunak, French President Emmanuel Macron, German Chancellor Olaf Scholz, Dutch Prime Minister Mark Rutte, Portuguese President Marcelo Rebelo de Sousa, Croatian Prime Minister Andrej Plenkovic, Greek Prime Minister Kyriakos Mitsotakis, Czech President Petr Pavel, Chilean President Gabriel Boric, Argentinian President Javier Milei, Spanish Prime Minister Pedro Sanchez, Polish President Andrzej Duda and other leaders pose for a family photo, on the day of the opening ceremony of the Summit on Peace in Ukraine at the Buergenstock Resort in Stansstad near Lucerne, Switzerland, June 15, 2024. REUTERS / Denis Balibouse TPX IMAGES OF THE DAY
    Swiss Federal President Viola Amherd, Ukrainian President Volodymyr Zelenskiy, U. S. Vice President Kamala Harris, Canadian Prime Minister Justin Trudeau, European Commission President Ursula von der Leyen, European Council President Charles Michel, British Prime Minister Rishi Sunak, French President Emmanuel Macron, German Chancellor Olaf Scholz, Dutch Prime Minister Mark Rutte, Portuguese President Marcelo Rebelo de Sousa, Croatian Prime Minister Andrej Plenkovic, Greek Prime Minister Kyriakos Mitsotakis, Czech President Petr Pavel, Chilean President Gabriel Boric, Argentinian President Javier Milei, Spanish Prime Minister Pedro Sanchez, Polish President Andrzej Duda and other leaders pose for a family photo, on the day of the opening ceremony of the Summit on Peace in Ukraine at the Buergenstock Resort in Stansstad near Lucerne, Switzerland, June 15, 2024. REUTERS / Denis Balibouse TPX IMAGES OF THE DAY
  • Ms Amherd welcomes Mr Rutte. AFP
    Ms Amherd welcomes Mr Rutte. AFP
  • Mr Zelenskyy awards Denmark's Prime minister Mette Frederiksen with the 'Order of Freedom of Ukraine' title before a meeting on the sidelines of the summit. AFP
    Mr Zelenskyy awards Denmark's Prime minister Mette Frederiksen with the 'Order of Freedom of Ukraine' title before a meeting on the sidelines of the summit. AFP
  • Mr Zelenskyy welcomes President Javier Milei of Argentina. EPA
    Mr Zelenskyy welcomes President Javier Milei of Argentina. EPA

Dozens of world leaders agree 'territorial integrity' must be basis of peace in Ukraine


Gillian Duncan
  • English
  • Arabic

Dozens of countries jointly called on Sunday for the “territorial integrity” of Ukraine to be the basis for any peace agreement to end Russia’s two-year war — although some nations did not sign a final document.

The joint communique by 84 countries capped a two-day conference at the Bürgenstock resort in Switzerland marked by the absence of Russia, which was not invited, but that many attendees hoped could join in on a road map to peace.

About 100 delegations, mostly western countries but also some key developing nations, took part in the conference.

However, participants including the UAE, Saudi Arabia, India and South Africa were among those that did not sign on to the final document, which focused on issues of nuclear safety, food security and the exchange of prisoners.

China avoided the meeting and Brazil, an “observer” country, did not sign on but Turkey — which has sought to an intermediary between Russia and Ukraine — did.

Speaking at a news conference after the event, Ukraine's President Volodymyr Zelenskyy said China should communicate its peace proposals on ending the war with Russia to Ukraine directly, instead of doing so via media outlets.

The final document said the UN Charter and “respect for territorial integrity and sovereignty … can and will serve as a basis for achieving a comprehensive, just and lasting peace in Ukraine”.

Viola Amherd, the Swiss president who hosted the event, told the final news conference that the fact that the “great majority” of participants agreed to the final document “shows what diplomacy can achieve".

Ukrainian President Volodymyr Zelenskyy hailed the “first steps towards peace” at the meeting, and said the joint communique remains “open for accession by everyone who respects the UN Charter”.

Ursula von der Leyen, the president of the European Union’s Executive Commission, said the conference was “rightly” entitled “Path to Peace” because peace won’t be achieved in a single step.

“It was not a peace negotiation because Putin is not serious about ending the war. He is insisting on capitulation. He is insisting on ceding Ukrainian territory — even territory that today is not occupied by him,” she said. “He is insisting on disarming Ukraine, leaving it vulnerable to future aggression. No country would ever accept these outrageous terms.”

Analysts say the two-day conference will probably have little concrete impact towards ending the war because the country leading and continuing it, Russia, was not invited — for now. Russia's key ally, China, which did not attend, and Brazil have jointly sought to plot alternative routes towards peace.

The meeting also endeavoured to return a spotlight to the war at a time when conflict in Gaza, national elections and other concerns have seized global attention.

The three themes of nuclear safety, food security and prisoner exchanges featured in the final statement. Italian Prime Minister Giorgia Meloni said they amounted to “minimum conditions” for negotiations with Russia, alluding to how many other areas of disagreement between Kyiv and Moscow will be harder to overcome.

Qatar's prime minister, Sheikh Mohammed bin Abdulrahman, noted a day earlier how his country hosted talks with both Ukrainian and Russian delegations on the reunification of Ukrainian children with their families that has so far resulted in 34 children being reunited.

White House national security adviser Jake Sullivan, speaking to reporters at the resort on Saturday, said it's “going to take work” and countries stepping up to build on efforts by nations like Qatar.

“It’s going to take a spotlight from the international community, not just from only voices from the United States or Europe, but from unusual voices as well to say what Russia has done here is more than reprehensible and must be reversed," he said.

The Ukrainian government believes that 19,546 children have been deported or forcibly displaced, and Russian Children’s Rights Commissioner Maria Lvova-Belova has previously confirmed that at least 2,000 were taken from Ukrainian orphanages.

Montenegro Prime Minister Milojko Spajic told the gathering on Sunday: “As a father of three, I'm deeply concerned by thousands of Ukrainian kids forcibly transferred to Russia or Russia-occupied territories of Ukraine.

“We all at this table need to do more so that children of Ukraine are back in Ukraine,” he added.

Leaders gather on the opening day of the Summit on Peace in Ukraine, at the Buergenstock resort in Switzerland. Reuters
Leaders gather on the opening day of the Summit on Peace in Ukraine, at the Buergenstock resort in Switzerland. Reuters

A draft communique, dated June 13, had called for all illegally deported children to be returned.

Ukrainian President Volodymyr Zelenskyy hailed the participation of more than 90 countries in the summit, at the Buergenstock resort, as a show of international support for Kyiv. Some European allies called for broader outreach to build a lasting peace plan.

Canadian Prime Minister Justin Trudeau said on Sunday that Canada plans to host a gathering of foreign ministers in the coming months to advance work on the human cost of the war.

Mr Trudeau was speaking alongside Mr Zelenskyy and other leaders at the summit.

Meanwhile, Swiss Foreign Minister Ignazio Cassis said a follow-up summit to this weekend's talks in Switzerland aimed at paving the way for peace in Ukraine is conceivable before the US presidential election in November.

Where the next Ukraine conference could be held was unclear at the conclusion of the summit of world leaders at the Buergenstock resort in central Switzerland.

We Weren’t Supposed to Survive But We Did

We weren’t supposed to survive but we did.      
We weren’t supposed to remember but we did.              
We weren’t supposed to write but we did.  
We weren’t supposed to fight but we did.              
We weren’t supposed to organise but we did.
We weren’t supposed to rap but we did.        
We weren’t supposed to find allies but we did.
We weren’t supposed to grow communities but we did.        
We weren’t supposed to return but WE ARE.
Amira Sakalla

'Gehraiyaan'
Director:Shakun Batra

Stars:Deepika Padukone, Siddhant Chaturvedi, Ananya Panday, Dhairya Karwa

Rating: 4/5

Top investing tips for UAE residents in 2021

Build an emergency fund: Make sure you have enough cash to cover six months of expenses as a buffer against unexpected problems before you begin investing, advises Steve Cronin, the founder of DeadSimpleSaving.com.

Think long-term: When you invest, you need to have a long-term mindset, so don’t worry about momentary ups and downs in the stock market.

Invest worldwide: Diversify your investments globally, ideally by way of a global stock index fund.

Is your money tied up: Avoid anything where you cannot get your money back in full within a month at any time without any penalty.

Skip past the promises: “If an investment product is offering more than 10 per cent return per year, it is either extremely risky or a scam,” Mr Cronin says.

Choose plans with low fees: Make sure that any funds you buy do not charge more than 1 per cent in fees, Mr Cronin says. “If you invest by yourself, you can easily stay below this figure.” Managed funds and commissionable investments often come with higher fees.

Be sceptical about recommendations: If someone suggests an investment to you, ask if they stand to gain, advises Mr Cronin. “If they are receiving commission, they are unlikely to recommend an investment that’s best for you.”

Get financially independent: Mr Cronin advises UAE residents to pursue financial independence. Start with a Google search and improve your knowledge via expat investing websites or Facebook groups such as SimplyFI. 

UAE currency: the story behind the money in your pockets
Updated: June 16, 2024, 3:11 PM