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Putin: Russia won't be dragged into new arms race with US

By REUTERS
MOSCOW - President Vladimir Putin said on Thursday that Russia would pay proper attention to the development of its army and navy, but it would not be dragged into a new arms race with the United States.
Putin, speaking at a year-end news conference, also said that Russia would not back out of its commitment to concluding a START III Strategic Arms Reduction Treaty with the United States, despite what he said was Washington's wavering on arms control treaties.
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