US President Donald Trump and Russian President Vladimir Putin are set to meet in Alaska on Friday to discuss the Ukraine war. Donald Trump himself announced this on social media. The Kremlin later confirmed it. News-BBC

A Kremlin spokesman said Trump had been invited to Russia for a possible second summit. However, there was no immediate response from Ukraine.

The announcement of the meeting between the two leaders comes after Trump hinted that Ukraine might have to give up some territory. Trump said at the White House on Friday, "You want territory that has been fought over for three and a half years. A lot of Russians have died. A lot of Ukrainians have died. It's very complicated. We'll get some back and we'll change some. There will be some territory swaps for the good of both sides." He did not elaborate on the proposal, however.

BBC affiliate CBS News in the US, citing sources involved in the talks, said the White House is trying to get European leaders to accept a deal in which Russia would retain control of the entire Donbas region, as well as Crimea. Under the proposed deal, it would give up the Kherson and Zaporozhye regions.

Earlier on Friday, the Wall Street Journal reported that Putin recently made a similar proposal during a meeting with Trump's envoy Steve Witkoff in Moscow. However, it is not yet clear whether Ukrainian and European leaders would agree to such a proposal. Volodymyr Zelensky and Putin are now at odds over the terms of peace. Zelensky has rejected any preconditions for territorial concessions.

A senior White House official, however, told CBS that there is still a chance that Zelensky will be included in the meeting next Friday. Despite a full-scale invasion of Ukraine, Moscow has failed to achieve major victories. However, it now controls 20 percent of Ukraine's territory. Ukraine has not been able to push Russia back there.

Three rounds of direct talks between Ukraine and Russia in Istanbul have failed to end the war. Moscow's military and political conditions are being viewed by Kiev and its allies as a de facto surrender of Ukraine.

Russia's demands include reducing Ukraine's military, abandoning plans to join NATO, turning it into a neutral state, and lifting Western sanctions on Russia.

Moscow wants Kiev to withdraw its military from four regions in southeastern Ukraine that Russia partially occupies, but Trump said on Friday the United States has the option of striking a tripartite peace deal.

"European leaders want peace," Trump told reporters. "President Putin, I believe he wants peace and Zelensky wants peace. President Zelensky has to get everything he needs. Because he has to prepare for some signings and I think he's working hard on that."

Last month, Trump admitted to the BBC that Putin had disappointed him after Witkoff's previous visit. He has been taking a tougher stance against the Kremlin in recent weeks. He has given Russia until Friday to comply with the threat of further sanctions if it does not agree to a ceasefire. The United States did not say anything more about sanctions against Russia on Friday.

Trump had previously spoken to Putin by phone in February. This was the first direct conversation between the two since Russia's full-scale invasion. Putin's last meeting with a US president was in 2021. At that time, Joe Biden spoke with the Russian president in Geneva.