The Russian president called the conversation with US leader Donald Trump meaningful, frank and very useful.
He expressed gratitude to Trump for the United States' involvement in resuming direct negotiations between Russia and Ukraine.
Russia is in favor of stopping the fighting, but it is necessary to develop the most effective paths to peace, Putin said. According to the Russian president, Trump expressed his position on ending the fighting in Ukraine in the conversation.
Russia is ready to work on a memorandum with Ukraine, including a ceasefire, the Russian leader stressed.
Russia and Ukraine need to find compromises that would suit all parties, Putin emphasized.
"We are, overall, on the right track," he added, commenting on resuming negotiations with Ukraine.