"The issue is being discussed among members of the House of Representatives. The [final] decision will be made at a plenary session on April 2," said Valery Ivanov, deputy speaker of the lower house of parliament.
Russia recognized South Ossetia and Abkhazia as independent states on August 26 last year, two weeks after the end of a five-day military conflict which began when Georgian forces launched an attack on South Ossetia in order to bring the rebel province under central control.
Only Nicaragua has so far followed suit.
Belarusian President Alexander Lukashenko earlier said that if parliament recognized the rebel republics' independence, he would "sign the appropriate document."
Abkhazia and South Ossetia split from Georgia in the early 1990s, and most residents of both republics have had Russian citizenship for a number of years.
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Military exercises are held in order to prevent a war rather than prepare for one. If a potential enemy knows and sees that the Russian Army is constantly improving its skills and adopting state-of-the-art combat equipment and combat support systems he will hardly risk aggression against these Armed Forces and the country they defend.