Vladimir Putin at the inauguration ceremony of President of the Russian Federation for the 5th term in Moscow, May 7. (Photo: AFP/VNA)

Putin said Russia's destiny is determined by its citizens, and it is necessary to affirm unity and determination to move forward together for the benefit of present and future generations.

Putin said preserving the nation and its long-standing traditions is Russia's top priority. He said Russia's political system must be stable and must ensure the country's development for decades to come.

He promised to put the interests and the security of Russian people above all else, saying Russia will overcome all obstacles and carry out everything they have planned.

Putin said Russia will be open to countries that consider themselves partners and will not refuse dialogue with Western countries. In a complex world, Russia needs to be "autonomous and competitive”, and its system must be flexible.

President Putin signed a decree that sets national development goals for 2030 and prospects until 2036.