Vladimir Putin says he will step down as Russia president after term expires in 2024

Vladimir Putin said on Friday he would respect the Russian constitution which bans anyone from serving two consecutive presidential terms, meaning he will step down from his post in 2024 when his current term expires.

Reuters May 26, 2018 00:07:59 IST
Vladimir Putin says he will step down as Russia president after term expires in 2024

Vladimir Putin says he will step down as Russia president after term expires in 2024

Reuters: Vladimir Putin said on Friday he would respect the Russian constitution which bans anyone from serving two consecutive presidential terms, meaning he will step down from his post in 2024 when his current term expires.

His remarks, made to reporters at an economic forum in St Petersburg and broadcast on state TV, are not a surprise and do not necessarily mean he will relinquish power in six years.

Putin has stepped down as president once before, in 2008, after serving two back-to-back terms only to return in 2012 after doing a stint as prime minister, a manoeuvre he would be legally entitled to carry out again.

"I have always strictly abided by and abide by the constitution of the Russian Federation," Putin said, when asked if and when he would be leaving office.

"In the constitution it's clearly written that nobody can serve more than two terms in a row ... I intend to abide by this rule."

Putin easily won re-election in March, extending his tenure by six years to 24 - which would make him Moscow's longest-serving leader since Soviet dictator Josef Stalin.

Updated Date:

also read

'If everyone leaves, control will be lost': Russia 'bans' high-ranking officials from resigning
World

'If everyone leaves, control will be lost': Russia 'bans' high-ranking officials from resigning

Russia has banned high-ranking officials from resigning with threats of criminal prosecution, saying that "if everyone leaves, control will be lost" as the war in Ukraine rages on

Russian celebrities labelled as 'foreign agents' for supporting Ukraine challenge Putin in court
World

Russian celebrities labelled as 'foreign agents' for supporting Ukraine challenge Putin in court

The foreign agents law, enacted in late 2012, allows for the identification of Russian individuals and nonprofit organizations engaged in political activities and receiving funding from abroad

Losing its Shine: Why has the UK banned Russia’s diamonds? Will G7 countries follow suit?
World

Losing its Shine: Why has the UK banned Russia’s diamonds? Will G7 countries follow suit?

British PM Rishi Sunak has announced a ban on Russian diamonds over the invasion of Ukraine. Other G7 countries are also considering sanctioning the priceless gems. This comes as Moscow earned $4.7 billion from exports in 2021. The question, however, is: Will the sanctions be effective?