The exchange took place at the 10th annual meeting of the Valdai Club, a four-day, Kremlin-backed discussion forum bringing together several hundred Russian and foreign officials, scholars and other public figures in northwestern Russia.
During a question-and-answer session following Putin’s speech on Russia’s national identity, he asked former French Prime Minister Francois Fillon whether the latter planned to run for his country’s presidency; Fillon said he would reply only if Putin answered the same question – to which Putin said, "I don’t exclude [the possibility].”
"And I, too, don’t exclude [the possibility],” quipped Fillon, according to the Russian translation.
Putin was Russia's president from New Year's Eve of 1999 until spring 2008, and then served one four-year term as prime minister. He returned to the Kremlin for a third term last year.