CNBC

Russian President Vladimir Putin said Russia is leading the world in terms of its weaponry, during his annual address to lawmakers, but added that the country is not a threat.

“Russia’s open to improving relations and collaborations with all the partners, we are not a threat to anyone, we don’t want to impose our point of view on anyone,” Putin said, according to a translation, in front of leaders of the country’s political, economic and religious institutions.

“Our steps to improve our defense capability were done in a timely manner and I would like to emphasize that for the first time in the history of missile weapons, including the Soviet period, we are not trying to catch up with everyone. It’s the other way around, the other leading powers are yet to create the weapons that Russia already has,” he claimed.

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