Glonass, the Russian equivalent of the GPS navigation system, was launched in 1993, although it largely fell into disrepair in the 1990s. In 2001, in partnership with India, Russia set about updating the system.
A new device for vehicles linked to Glonass is to go on sale this week, with a device for pets to be launched next year, said Russian Foreign Minister Sergei Lavrov at a presidential briefing on Monday.
"I'll be able to buy one for my dog, Connie, so that she doesn't run away, said Putin.
Connie gained fame in 2005 after 'publishing' a book of stories for Russian children. Written in English for young students, 'Connie's Stories' tells the story of the black Labrador's adventures.
There are rumors that Connie is also named after U.S. Secretary of State Condoleezza Rice.
GPS systems have become popular for pets in recent years, especially in the U.S., in response to the growing popularity of the 'dognapping' of rare and expensive breeds of dogs.