It is not the first time

that Moscow has aspired to be the New (or Third) Rome
(or new Constantinople).
Tsar or Czar (царь), like Kaiser, derives from Cæsar.
Vladimir is a Russian form of the Nordic Waldemar -
for the land of Rus (from Ruotsi, Finnish for Sweden)
was a wealthy Nordic centre of trade in amber and furs,
with links to the Black Sea, Iran and the Silk Road.
Put (путь) means way
in modern Russian, but the Empresident's surname
may be Karelo-Finnic, rather than Slav.
(Unlike Britons, Russians ever, ever shall be slaves.)
Ave Vladimir Cæsar Putin.

This bust is destined for St Petersburg, however, not Moscow.