Location matters, former real estate mogul US President Donald Trump said. Moments later he announced Alaska, a place sold by Russia to the United States 158 years ago for $7.2 million, would be where Russian President Vladimir Putin tries to sell his land deal of the century,

Trump said the two leaders will meet next Friday. It remains unclear whether Ukrainian President Volodymyr Zelenskyy will be involved with the high-stakes summit.

Trump made the announcement on social media after he said that the parties, including Ukraine President Volodymyr Zelenskiy, were close to a ceasefire deal.