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Russian President Vladimir Putin delivers his annual state of the nation address in Moscow on February 20.
Russian President Vladimir Putin delivers his annual state of the nation address in Moscow on February 20.

Live Blog: Putin's State-Of-The-Nation Address As It Happened

President Vladimir Putin has delivered his annual address to parliament as polls show trust in the Russian leader is at near record lows.

-- Russian President Vladimir Putin has delivered his annual address to parliament as polls show trust in the Russian leader is at near record lows. The speech lasted a little under 90 minutes.

The highlights were:

-- Putin said "our missiles will target the United States and not just countries where their missiles are stationed."

-- Putin calls for a raft of measures to lift up Russian families and promised Russians better living conditions “within this year.”

-- Putin said the country can now invest “colossal” resources in its development, using money “earned, not borrowed.”

09:59 20.2.2019

Political analyst Tatiana Stanovaya says Putin is presenting his program -- more than a year after the election

10:00 20.2.2019

Says in order to achieve these things, "we must eliminate everything that restricts the initiative of entrepreneurs." Says there must be an end to random administrative pressure on businesses. Have to take into consideration business's complaints about legislation.

10:01 20.2.2019

Says criminal investigative agencies are overworked and "maybe" the number of investigators needs to be increased.

10:01 20.2.2019

Putin's call for "freedom for entrepreneurs" from unjust criminal prosecution comes amid the high-profile arrest of U.S. investor Michael Calvey, who is currently in pre-trial detention on Russian fraud charges that he and his company call completely baseless. Several prominent Kremlin loyalists have also expressed doubt about the charges. Background here:

10:02 20.2.2019

The first portion of the text of Putin's speech has been posted on the Kremlin website.

10:03 20.2.2019

Calls for complete overhaul of all administrative requirements for business by the beginning of 2021.

10:04 20.2.2019

10:05 20.2.2019

Says many administrative requirements are left over from Soviet times. Then jokes "and some of them from the time when we captured Crimea -- and I don't mean 2014," referring to the Russian Empire's conquering of Crimea in the 18th century.

10:06 20.2.2019

Calls for more infrastructure development. Praises construction of Kerch Strait Bridge, highway from Moscow to St. Petersburg, new airports, rail lines in Siberia, etc. Calls for Far Eastern regions to be brought above the national average in terms of economic development.

10:07 20.2.2019

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