Russia eyes potential investors at Army 2017 weapons fair

Russia’s second biggest defence contractor is celebrating a deal selling a minority stake in the company to investors from the Gulf. The cash injection is welcome in a country isolated from many traditional investment channels by US and EU sanction

Russia’s second biggest defence contractor is celebrating a deal selling a minority stake in the company to investors from the Gulf.

The cash injection is welcome in a country isolated from many traditional investment channels by US and EU sanctions.

But the controlling instincts of Russia’s government risk deterring foreign investors at a time when they are badly needed.

 

Al Jazeera’s Rory Challands reports from Kazar.