Sergei Chemezov, the head of Russia’s state arms exporting agency Rosoboronexport said that the company signed $7.5 billion arms deal with Algeria. According to Chemezov, Russia will sign other contracts with Algeria worth of $2-3 billion. During a news conference in Algeria, Rosoboronexport’s head Sergei Chemezov was reported as saying by the Russian news agencies, “We have signed arms contracts totaling $7.5 billion in the last two-three months, including on ...