"German Chancellor Olaf Scholz dismissed it as a "dictatorial peace".

On Friday, Mr Putin claimed he would agree to a ceasefire if Ukraine withdrew troops from four regions which Russia partially occupies and claims to have annexed.

Andriy Yermak, chief of staff to Ukraine President Volodymyr Zelensky, told the BBC at the Swiss summit that there would be "no compromise on independence, sovereignty or territorial integrity".

Mr Putin revealed his terms ahead of the two-day Summit on Peace in Ukraine which is aimed at discussing the basic principals for ending the war.

More than 90 countries and global institutions are attending the event. It is the biggest gathering for Ukraine since the full-scale invasion."

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"Commenting on Mr Putin's proposal, Ms Meloni said: "It doesn't seem particularly effective to me as a negotiation proposal to tell Ukraine that it must withdraw from Ukraine."

Britain's Prime Minister Rishi Sunak accused the Russian president of "spinning a phoney narrative about his willingness to negotiate".

He added that countries helping Russia with weapon supplies "are on the wrong side of history".

It's also reported that Putin requires Ukraine to never join NATO.