Analysis: Agreement reached by top diplomats means little on the ground in Ukraine

(CNN) – Diplomats meeting for emergency talks on the crisis in Ukraine issued a joint statement Thursday aimed at de-escalating the tensions and ensuring the security of all Ukrainians.

The pact calls for all illegal armed groups to be disarmed, all illegally seized buildings to be returned to their legitimate owners and all occupied public spaces to be vacated. It promises amnesty for protesters who leave buildings and give up their weapons, apart from those convicted of capital crimes.

But the agreement means little to protesters on the ground, reports CNN's Nick Paton Walsh. CNN's Elise Labott also weighs in on the ongoing crisis, in the video above.