Daily Sabah logo

Politics
Diplomacy Legislation War On Terror EU Affairs Elections News Analysis
TÜRKİYE
Istanbul Education Investigations Minorities Expat Corner Diaspora
World
Mid-East Europe Americas Asia Pacific Africa Syrian Crisis Islamophobia
Business
Automotive Economy Energy Finance Tourism Tech Defense Transportation News Analysis
Lifestyle
Health Environment Travel Food Fashion Science Religion History Feature Expat Corner
Arts
Cinema Music Events Portrait Reviews Performing Arts
Sports
Football Basketball Motorsports Tennis
Opinion
Columns Op-Ed Reader's Corner Editorial
PHOTO GALLERY
JOBS ABOUT US RSS PRIVACY CONTACT US
© Turkuvaz Haberleşme ve Yayıncılık 2023

Daily Sabah logo

عربي
  • Politics
    • Diplomacy
    • Legislation
    • War On Terror
    • EU Affairs
    • Elections
    • News Analysis
  • TÜRKİYE
    • Istanbul
    • Education
    • Investigations
    • Minorities
    • Expat Corner
    • Diaspora
  • World
    • Mid-East
    • Europe
    • Americas
    • Asia Pacific
    • Africa
    • Syrian Crisis
    • Islamophobia
  • Business
    • Automotive
    • Economy
    • Energy
    • Finance
    • Tourism
    • Tech
    • Defense
    • Transportation
    • News Analysis
  • Lifestyle
    • Health
    • Environment
    • Travel
    • Food
    • Fashion
    • Science
    • Religion
    • History
    • Feature
    • Expat Corner
  • Arts
    • Cinema
    • Music
    • Events
    • Portrait
    • Reviews
    • Performing Arts
  • Sports
    • Football
    • Basketball
    • Motorsports
    • Tennis
  • Gallery
  • Opinion
    • Columns
    • Op-Ed
    • Reader's Corner
    • Editorial
  • TV

Putin sworn in for 4th term as Russia's president, promises economic reforms

by Compiled from Wire Services

ISTANBUL May 07, 2018 - 12:00 am GMT+3
Russian President Vladimir Putin walks before an inauguration ceremony at the Kremlin in Moscow, Russia May 7, 2018. (Reuters Photo)
Russian President Vladimir Putin walks before an inauguration ceremony at the Kremlin in Moscow, Russia May 7, 2018. (Reuters Photo)
by Compiled from Wire Services May 07, 2018 12:00 am

Vladimir Putin was sworn in as Russia's president for a historic fourth term at a ceremony in the Kremlin on Monday, extending his almost two-decade rule by another six years.

In a ceremony in an ornate Kremlin hall, Putin said improving Russia's economy following a recession partly linked to international sanctions would be a primary goal of his next term.

"Now, we must use all existing possibilities, first of all for resolving internal urgent tasks of development, for economic and technological breakthroughs, for raising competitiveness in those spheres that determine the future," he said in his speech to thousands of guests standing in the elaborate Andreevsky Hall of the Grand Kremlin Palace and two adjacent halls.

"A new quality of life, well-being, security and people's health — that's what's primary today," he said.

Although Putin has restored Russia's prominence on the world stage through military actions, he has been criticized for inadequate efforts to diversify Russia's economy away from its dependence on oil and gas exports and to develop the manufacturing sector.

Putin, in power since 1999, was predictably re-elected in Russia's March presidential election with 76.7 percent of the vote.

"I strongly feel conscious of my colossal responsibility," Putin said at the ceremony before thanking Russians for their "sincere support" and "cohesiveness."

"We have revived pride in our fatherland," Putin said. "As head of state I will do all I can to multiply the strength and prosperity of Russia."

Putin effectively has been the leader of Russia for all of the 21st century. He stepped down from the presidency in 2008 because of term limits, but was named prime minister and continued to steer the country until he returned as president in 2012.

Putin on Monday put forward Dmitry Medvedev for the post of prime minister, the Kremlin said in a statement on its website.

Medvedev, who had been prime minister since 2012, resigned earlier on Monday along with the rest of the government in line with procedure. Putin was on Monday sworn in for a fourth term.

Medvedev's candidacy still has to be approved by the State Duma, or the lower house of parliament.

Earlier Russian state television showed Putin walking to his new Russian-made presidential limousine that drove him to the lavish ceremony.

Details of the new limousine have not been revealed, but it will become the heir to the Russian-made ZIL sedans that for decades transported Soviet leaders.

Putin has said that Russia should reduce its dependence on imported goods and technology, a drive that has gathered pace since Russia was hit by Western sanctions.

  • shortlink copied
  • Last Update: May 07, 2018 3:30 pm
    RELATED TOPICS
    fight-against-terrorism DEUTSCHE-BANK US-LIBYA-RELATIONS
    KEYWORDS
    homepage
    The Daily Sabah Newsletter
    Keep up to date with what’s happening in Turkey, it’s region and the world.
    You can unsubscribe at any time. By signing up you are agreeing to our Terms of Use and Privacy Policy. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
    No Image
    Top 2022 photos from across world
    PHOTOGALLERY
    • POLITICS
    • Diplomacy
    • Legislation
    • War On Terror
    • EU Affairs
    • News Analysis
    • TÜRKİYE
    • Istanbul
    • Education
    • Investigations
    • Minorities
    • Diaspora
    • World
    • Mid-East
    • Europe
    • Americas
    • Asia Pacific
    • Africa
    • Syrian Crisis
    • İslamophobia
    • Business
    • Automotive
    • Economy
    • Energy
    • Finance
    • Tourism
    • Tech
    • Defense
    • Transportation
    • News Analysis
    • Lifestyle
    • Health
    • Environment
    • Travel
    • Food
    • Fashion
    • Science
    • Religion
    • History
    • Feature
    • Expat Corner
    • Arts
    • Cinema
    • Music
    • Events
    • Portrait
    • Performing Arts
    • Reviews
    • Sports
    • Football
    • Basketball
    • Motorsports
    • Tennis
    • Opinion
    • Columns
    • Op-Ed
    • Reader's Corner
    • Editorial
    • Photo gallery
    • Jobs
    • privacy
    • about us
    • contact us
    • RSS
    © Turkuvaz Haberleşme ve Yayıncılık 2021