He previously served two back-to-back terms as president, and stepped down in 2008, although he returned to the office in 2012.
"I have always abided strictly and will abide to Russia's constitution".
French President Emmanuel Macron said at the St. Petersburg International Economic Forum that Europe stretches from the Atlantic to the Urals. It is clearly stated in the Constitution: no more than two consecutive terms.
At a joint news conference at the Konstantin Palace presidential residence outside St. Petersburg, Putin said the North Korean leader "did everything that he had promised in advance, even blowing up the tunnels and shafts" of the country's nuclear testing site.More news: Government set to eradicate mycoplasma bovis
Putin won almost 77 percent of the vote in polls in which his most vocal opponent was banned from running.
Putin made those comments during talks with global journalists on Friday.
US President Donald Trump had been expected to warm up ties with Russian Federation.
Putin also criticized Trump's maneuvering out of the Iran nuclear deal. "We are very satisfied with this", said Mr. Putin, adding that bilateral trade volume is expected to expand to as many as $100 billion in a year.More news: Petrol, diesel prices hiked for 16th straight day
"I intend to adhere to this rule in the future", he concluded.
US President Donald Trump has angered world powers by threatening trade wars with the European Union and China while re-imposing sanctions on Iran after unilaterally withdrawing the US from the nuclear deal with the Islamic Republic, which the other signatories - Russia, China, Germany, the United Kingdom and France - are now trying to salvage. "I hope that it will end some day and the objective need for the development of Russian-American relationships will prevail".
Re-elected by a landslide in March, Putin is steering Russian Federation out of its longest recession in two decades despite increasingly onerous USA financial penalties over the Kremlin's alleged election meddling.More news: Chelsea FC owner Roman Abramovich becomes Israeli citizen