The participants of the summit in Saudi Arabia have reached common ground on respect for Ukraine's territorial integrity.

Italian newspaper Corriere della Sera, citing their sources in the European Union, said that in Jeddah, there was common ground "that respect for Ukraine's territorial integrity and sovereignty must be at the heart of any peace agreement, as well as the authority of the UN Charter".

The same sources said a decision had been made to form working groups on key topics of the 10 points of the peace formula proposed by Kyiv.

"The timeframe for the meeting of the heads of states has not yet been determined, but it's considered quite possible by the end of the year," they explain.

The Wall Street Journal reported that the meeting would take place in Jeddah, Saudi Arabia, on 5-6 August, and later, Andrii Yermak, Head of the Ukrainian President's Office, confirmed this information.

Ukrainian and Western officials hope these efforts lead to a peace summit later this year, during which world leaders can agree on common principles for ending the war.

Earlier, the United States explained why Russia would not be present, noting that it was not ready for real diplomacy.