In one of the exciting moments of Russia's political life, the country's future President and current PM Vladimir Putin has practically appointed the current President Dmitry Medvedev as future Prime Minister.

Putin confirmed on Thursday that he would switch posts with outgoing President Dmitry Medvedev if voters support the pro-Kremlin United Russia party and Putin's candidacy in upcoming elections.

"I would like to once again stress that if the voters trust us with forming the government, that is they vote for United Russia and me as the Russian president, Dmitry Anatolyevich would undoubtedly head the government," Putin said at a meeting with voters, as cited by RIA Novosti.

He said that Russia must pursue modernization in all areas, "end its dependence on oil and gas and perform a transition to the innovative development model."

Medvedev, in his turn, said that he and Putin would continue their frequent trips across Russia if elected to the posts.

After serving as President in 2000-2008, and then switching for a term with his protege to obey, at least technically, Russia's constitutional two-term limit, Putin is certain to win the Russian presidential elections in March, this time for a six-year term.

Russia is holding parliamentary elections on December 4, which are certain to be won by the ruling United Russia party.

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