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Putin signs law allowing him to remain president through 2036

Russian President Vladimir PutinVladimir Vladimirovich PutinQueen's cousin and associate accused of 'secretly trading on their links' to Putin, monarchy for profit Putin warns of resurgence in Nazi beliefs on anniversary of WWII's end Biden 'confident' meeting with Putin will take place soon MORE on Monday signed a law that will allow him to run for two more terms once his current one ends in 2024.

As reported by The Guardian, the law could potentially allow Putin, 68, to remain in office until 2036. He has been the de facto political leader of Russia since 2000.

The Guardian notes that should Putin stay in power until 2036, he would be the longest running leader of Russia since the Russian Empire, surpassing the tenure of dictator Joseph Stalin, who remained in power over the Soviet Union for 29 years.

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Putin would be 84 years old when he left office should he decide to run for the two additional terms he is now allowed.

Putin is currently on his fourth term as president of Russia, being elected to office in 2000, 2004, 2012 and 2018, with a stint as Russian prime minister between 2008 and 2012 due to term limits at the time.

The law limits Russian citizens to two terms as president in their lifetime, though the legislation essentially serves as "reset" and does not apply to Putin's four previous terms.

The Guardian reports that signing this legislation may not be an indication of the Russian leader's desire to stay in power and may instead be a move to avoid a lame-duck presidency and a power struggle in his last term in office.

The new law also provides Putin and former President Dmitry Medvedev with lifetime immunity from prosecution.