Russian President Vladimir Putin is ready to hold a phone call with U.S. President Donald Trump and Moscow is waiting for word from Washington that it is ready too, Kremlin spokesperson Dmitry Peskov said on Friday.

US President Donald Trump expressed his desire to engage Russia and China in talks to reduce nuclear stockpiles. He highlighted the importance of limiting nuclear arsenals, citing the high costs of maintaining them and the destructive potential they hold.

US President Trump highlights Putin's backing for nuclear arms reduction during 2019 talks, stressing the need for global denuclearization.- Watch Video on English Oneindia

Kremlin hard-liners are calling for the dismemberment of Ukraine, while Trump is threatening new sanctions if Putin doesn’t come to the negotiating table.

Russia has said that it would like to see a quick resumption of disarmament talks with the United States. "Of course we are interested in this negotiation process starting as soon as possible," Kremlin spokesman Dmitry Peskov told the Russian news agency Interfax on Friday.

In a video from a Russian Security Council meeting published by the Kremlin on Monday, Vladimir Putin congratulated Donald Trump on his inauguration as U.S. president and said that Moscow is ready to engage in dialogue with Washington regarding the war in Ukraine.

The hotline between the two capitals has averted war in the past, but cool heads will be needed in Trump's White House and Putin's Kremlin

North Korean troops' limited combat experience and unfamiliarity with the terrain of the Russian-Ukrainian battlefields have contributed to heavy losses.

Russia has been told by the United States that it has granted approval for the appointment of the new Russian ambassador to Washington, a senior Russian lawmaker told state television on Monday.

The United States has clarified to India that tankers loaded with Russian oil have to discharge by Feb. 27 under the latest sanctions targeting Moscow's oil revenue, India's oil secretary Pankaj Jain told reporters at an event.

President Donald Trump is threatening to impose stiff taxes, tariffs and sanctions on Russia if an agreement isn’t reached to end the war in Ukraine.

By meeting Russian President Vladimir Putin in Riyadh and hanging tough, President Donald Trump can boost his chances of negotiating a historic peace.