Arms Race Not over: President Putin

Middle range missile capable of carrying a nuclear warhead

Russian President Vladimir Putin said Wednesday it was "too early" to pronounce the international arms race over, saying it was instead continuing and rising to a "new technological level."

"It is premature to speak of the end of the arms race," Putin said in his annual state of the nation address.

"Moreover, it is today going faster, it is in reality rising to a new technological level," the Russian leader said.

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