Ukraine, Russia Agree to Three-Day Ceasefire, Prisoner Swap Ahead of Victory Day

May 9, 2026

Ukraine and Russia have agreed to a temporary three-day ceasefire and a major prisoner exchange ahead of Russia’s Victory Day celebrations in Moscow, in what appears to be one of the most significant diplomatic breakthroughs in months of war.

Ukrainian President Volodymyr Zelenskyy announced on Thursday that both sides had reached an understanding, through negotiations mediated by the United States, to carry out a “1,000-for-1,000” prisoner exchange alongside a ceasefire scheduled for May 9 to May 11.

“In recent days, there have been many appeals and signals regarding the setup for tomorrow in Moscow,” Zelenskyy said in a statement, adding that “Red Square is less important to us than the lives of Ukrainian prisoners who can be brought home.”

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The Ukrainian leader said Kyiv had already instructed its negotiating team to prepare all necessary arrangements for the exchange, which would rank among the largest prisoner swaps since the war began.

Zelenskyy also thanked U.S. President Donald Trump and his administration for what he described as “productive diplomatic involvement,” while expressing hope that Washington would ensure Russia fulfilled its commitments under the agreement.

The development comes amid heightened tensions surrounding Russia’s annual Victory Day parade, a major national event commemorating the Soviet Union’s role in defeating Nazi Germany during World War II.

In recent days, speculation had intensified over the possibility of Ukrainian long-range strikes targeting Moscow during the celebrations. Russian authorities reportedly introduced extensive security measures around the capital ahead of the parade amid fears of potential drone attacks.

International media reports indicated that some military displays traditionally featured at the event were scaled back this year due to security concerns.

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The ceasefire arrangement follows a series of failed truce attempts earlier in the conflict, with both Moscow and Kyiv repeatedly accusing each other of violating temporary humanitarian pauses.

Earlier this week, Ukrainian officials accused Russia of continuing missile and drone strikes despite previous unilateral ceasefire declarations announced by Moscow.

The planned prisoner exchange mirrors previous large-scale swaps carried out during the war, including a major exchange conducted in 2025 after negotiations held in Istanbul.

Analysts say the latest agreement, though temporary, could offer a rare opening for broader humanitarian negotiations between both sides as international pressure mounts for a reduction in hostilities.

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Amanze Chinonye is a Staff Correspondent at Prime Business Africa, a rising star in the literary world, weaving captivating stories that transport readers to the vibrant landscapes of Nigeria and the rest of Africa. With a unique voice that blends with the newspaper's tradition and style, Chinonye's writing is a masterful exploration of the human condition, delving into themes of identity, culture, and social justice. Through her words, Chinonye paints vivid portraits of everyday African life, from the bustling markets of Nigeria's Lagos to the quiet villages of South Africa's countryside . With a keen eye for detail and a deep understanding of the complexities of Nigerian society, Chinonye's writing is both a testament to the country's rich cultural heritage and a powerful call to action for a brighter future. As a writer, Chinonye is a true storyteller, using her dexterity to educate, inspire, and uplift readers around the world.

Amanze Chinonye

Amanze Chinonye is a Staff Correspondent at Prime Business Africa, a rising star in the literary world, weaving captivating stories that transport readers to the vibrant landscapes of Nigeria and the rest of Africa. With a unique voice that blends with the newspaper's tradition and style, Chinonye's writing is a masterful exploration of the human condition, delving into themes of identity, culture, and social justice. Through her words, Chinonye paints vivid portraits of everyday African life, from the bustling markets of Nigeria's Lagos to the quiet villages of South Africa's countryside . With a keen eye for detail and a deep understanding of the complexities of Nigerian society, Chinonye's writing is both a testament to the country's rich cultural heritage and a powerful call to action for a brighter future. As a writer, Chinonye is a true storyteller, using her dexterity to educate, inspire, and uplift readers around the world.

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