A meeting between Russian President Vladimir Putin and his Ukrainian counterpart Petro Poroshenko is being prepared and could be held in Milan on the sidelines of the Asia-Europe summit (ASEM), RIA Novosti reported referring to the Kremlin.

"The meeting is in the works," Kremlin spokesman Dmitry Peskov said.

Peskov added that the meeting could be held either in a bilateral format or in a multilateral format with participation of other heads of state.

Last meeting between Putin and Poroshenko was held on August 26, in Minsk.