In accordance with the Constitution, the Russian President makes an annual State-of-the-nation Address to the Federal Assembly on the situation in the country and the country’s domestic and foreign policy priorities.
5.13 pm: The end
5.12 pm: Russia is ready to cooperate with the new US administration on an equal footing.
5.10 pm: China is becoming the largest economy and Russia will increase the coopreation with China.
5.07 pm: Russia is not looking for enemies, we want to have friends, but we will never accept foreign pressures.
5.06 pm: Russia should bolster cyberdefense.
5.02 pm: Russia must focus on new technologies and develop a large-scale system of digital economy, focusing on the Russian inventions.
4.57 pm: Talking about the fight against corruption, he asserts no past achievements, contacts will help corrupt officials escape punishment. But no one can rule that a person is guilty before court's decision. The fight against corruption should be professional and responsible despite "information noise" surrounding scandals.
4.55 pm: Each state will be given different policies on subsidize to balance their economy development.
4.47 pm: In term of improving country economy, the Russian government should work on a detailed plan of economic development until 2025, no later than May 2017.
4.44 pm: The increase of protectionism is one of the main economy issues.
4.42 pm: Defense industry is a drive for Russia economy.
4.40 pm: Russia expects its inflation rate to decrease by 6%, a decrease of 5.8%. The lowest inflation rate was recorded in 2011.
4.37 pm: He starts talking about the economic sector, which has been slowed down due to internal Issues. Russia cannot afford its economy to show zero growth. There has been a slight increase in industrial input, this trend must be preserved.
4.31 pm: Over last the 10 years, the health sector has seen great improvements. The use of high technology treatment has risen by 15 times. However various problems still exist. In the next 2 years, hospital operation will be supported mainly by technology and the Internet.
Young generation is the future of our country. All children are talented and should be treated equally. They hold the future of Russia. They will be competitive with the ability to develop our country. We must give priorities to education as the main country's goal.
4.20 pm: He said no one could stop the democratic and freedom rights of people. No matter who you are, regardless of your ethnic, gender or age, once it comes to debate, everyone are free to express their opinions.
Russia concern about the conflicts that keep raising around the world. It happens anywhere even in stable countries. He gives the example of EU immigration. 4.10 pm: President Putin asserted the unity of Russian citizens through difficulties and challenges. Russian people share the same love toward the country can resolve all the problems.
4.10 pm: President Putin asserted the unity of Russian citizens through difficulties and challenges. Russian people share the same love toward the country can resolve all the problems.
4.00 pm: Russian President starts his speech.
|Russian President Vladimir Putin. Photo: RT
3.45 pm (GMT+7): Both houses of the Russian Parliament, members of the government, as well as other officials and public figures have gathered at the Kremlin’s St. George Hall for the event. The president’s annual address has become a tradition after Boris Yeltsin first held it in 1994.