Putin is not going to leave President's post, his press-secretary states

Putin is not going to leave President's post, his press-secretary states
Dmitry Peskov Photo: TASS

According to the President's press secretary, Putin stated this in a conversation with Alibaba founder Jack Ma at a meeting in the framework of the Eastern Economic Forum.

President Vladimir Putin told Chinese businessman Jack Ma, Alibaba Group Holding executive chairman, that he is not going to retire. This was stated by press-secretary of the head of state Dmitry Peskov in an interview with the program "Moscow, the Kremlin, Putin" on the Rossiya 1 channel, aired on Sunday.

Talking about Putin's meeting with entrepreneurs in the framework of the Eastern Economic Forum (EEF), Peskov noted that Putin asked whether the Chinese businessman plans to retire. "The whole world was discussing the news that Jack Ma is going to retire and, of course, Putin addressed Jack Ma: "I’d like to ask that young man sitting over there eating Russian snacks, Jack Ma, you are still so young, why are you retiring?" Peskov cited the President. "He is 65 already, but, as he said to Jack Ma: "I'm not going to resign, and I have no such intentions."

The meeting of the Russian President with representatives of Russian and foreign business circles took place on September 11 in the framework of the Eastern Economic Forum.

Earlier, The New York Times had reported that Jack Ma retires on September 10, the day of his 54th birthday. In 2013, Ma left the post of executive director of Alibaba but remained its frontman. CEO Daniel Zhang will head the company.

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