Russian Foreign Minister Sergei Lavrov held calls on Saturday with his Turkish and Hungarian counterparts, the Russian foreign ministry said, hours after a summit between the U.S. and Russian presidents yielded no deal on ending the war in Ukraine.

President Trump and Russian President Vladimir Putin are scheduled to meet Friday at Joint Base Elmendorf-Richardson in Anchorage, Alaska, to discuss the conflict between Russia and Ukraine.

The Trump-Putin summit will take place in a former Russian colony that the United States bought for $7.2 million in 1867. Here’s how the deal came together and why its legacy matters.

In the early hours of Saturday morning following a summit in Alaska between the leaders of Russia and the United States, senior politicians in Moscow were quick to trumpet the meeting as a win for Russia and its narrative of the war in Ukraine.

The meeting between President Trump and Kremlin leader Vladimir Putin is taking place in a region rich with significance for Moscow. Once Russian territory, Alaska was sold by Alexander II in 1867 for $7.

Evacuees at a shelter in eastern Ukraine reacted angrily to talk that land that has long been theirs could be given to Russia in exchange for peace.

The latest attempt to bring an end to the war between Russia and Ukraine has been dubbed a “win for Putin” after President Donald Trump walked away from demands for an immediate ceasefire.

One major vulnerability for Russia heading into the Alaska summit is its faltering economy. While analysts say that a weakening economy isn’t likely to deter President Vladimir Putin from pursuing his goals in Ukraine,