Kyiv, Dec. 20 -- Ukrainian President Volodymyr Zelenskyy on Saturday described the 1994 Budapest Memorandum as a "piece of paper", stressing that Ukraine will not accept any peace agreement with Russia that lacks strong and enforceable security guarantees.

In a post on X, Zelenskyy said that while peace is preferable to war, it cannot come at the cost of Ukraine's sovereignty or security, as he called for a "just, durable peace" that cannot be undermined by future aggression from Moscow.

"Peace is better than war, but not at any cost, because we have already paid a high price. What matters for us is a just, durable peace - one that cannot be violated by another whim of Putin or any other Putin-like figure. It is extremely important to h...