Ukraine's peace summit lacks clout as Russia, China and others stay away

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Ukraine's peace summit lacks clout as Russia, China and others stay away
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Ukraine's leadership has been talking about this weekend's peace summit in Switzerland for months, trying to drum up enthusiasm for Kyiv's peace plan.

Ukraine 's leadership has been talking about this weekend's peace summit in Switzerland for months, trying to drum up enthusiasm for Kyiv's peace plan.

The attempt to corral as many countries as possible to participate in the event has worked to a certain extent, with around 90 states and organizations set to attend the Summit on Peace in Ukraine , nor will influential countries like China and Saudi Arabia, calling into question how effective the summit can be at creating the foundations for a peace process.

What's perhaps worse for Kyiv is that even its staunchest ally, the U.S., is not sending its own head of state, with President Joe Bidenmet with a "personal, standing applause by Putin" in Moscow. Volodymyr Dubovyk, from the Democratic Resilience Program at the Center for European Policy Analysis , told CNBC that the summit "would be of little significance if one actually thinks about getting closer to peace."

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