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Key regional powers including Brazil, India, South Africa and Saudi Arabia have failed to sign up to a joint communique issued at the end of a Ukraine peace conference in which more than 80 countries and international organisations endorsed its territorial integrity in the face of Russia’s invasion.

The leaders of Italy and Germany have strongly rejected ceasefire terms laid out by Vladimir Putin to stop the war in Ukraine, as scores of countries gathered at a two-day summit in Switzerland to discuss ending the conflict.

President Putin promised Friday to “immediately” order a cease-fire and start negotiations if Kyiv began withdrawing troops from the four regions annexed by Moscow in 2022 and renounced plans to join NATO.

The G7 has agreed to use frozen Russian assets to raise $50bn (£39bn) for Ukraine to help it fight invading Russian forces.

U.S. President Joe Biden and Ukraine President Volodymyr Zelenskiy signed a 10-year bilateral security agreement on Thursday aimed at bolstering Ukraine’s defense against Russian invaders and getting Ukraine closer to NATO membership.

US officials are trying to get European allies on board for a deal to present at the G7 leaders summit later this week on how to use the interest from Russian frozen assets to support war-torn Ukraine. But with the meeting in southern Italy starting on Thursday, discussions are still ongoing.