Public Management

Burkina Faso reaches new cooperation deals with Iran

Burkina Faso reaches new cooperation deals with Iran
Tuesday, 10 October 2023 18:40

Officials from Burkina Faso and Iran met last October 2 to 5 in Ouagadougou to strengthen their cooperation and explore new areas of partnership. The next session is scheduled for 2025 in Tehran.

Burkina Faso’s Foreign Minister, Olivia Rouamba, signed 8 new partnership agreements with Sayed Solat Mortazavi, the Minister of Cooperatives, Labor, and Social Welfare of Iran. This was during the first session of the joint cooperation commission between the two countries held last October 2 to 5 in Ouagadougou.

According to the official statement made public by the Burkina Faso Government Information Service (SIG), the deals target the energy and mining sector, the pharmaceutical industry, vocational training, employment, and entrepreneurship development as well as defense and security. Ms. Rouamba said both parties have committed, along with sector experts, to continue working towards win-win agreements while Sayed Solat Mortazavi reaffirmed his country's dedication to assisting Burkina Faso in combating insecurity. Iran also supports the military regime which, according to Sayed Solat Mortazavi, "focuses on and defends national sovereignty."

As a reminder, Tehran and Ouagadougou, currently experiencing political instability, are both against some Western powers. In Burkina Faso, the transitional president -Captain Traoré, who came to power following a coup, denounces the lingering Western imperialism 60 years after African independence, and an imbalance in international relations characterized by unfair dominance of northern countries over southern ones. Iran on its side is against the “relentless pressure” from the Western world.

Additional Info

  • communiques: Non
  • couleur: N/A
On the same topic
Membership grants access to project finance, equity, and risk tools Move supports Horizon 2035 plan to diversify beyond hydrocarbons Equatorial...
Safaricom raises 20B KES in oversubscribed bond, beating 15B KES target Investor demand hit 41.4B KES; five-year bonds yield 10.4% annually Bond...
Belife Insurance joins Gozem’s Series B round to grow its digital footprint Partnership aims to deliver simple, accessible insurance through...
World Bank opens first resident representation in Malabo, led by economist Juan Diego Alonso. Mandate focuses on inclusive growth, private-sector...
Most Read
01

Omer-Decugis & Cie acquired 100% of Côte d’Ivoire–based Vergers du Bandama. Vergers du Band...

Omer-Decugis & Cie Expands Mango Operations in West Africa
02

Eritrea faces some of the Horn of Africa’s deepest infrastructure and climate-resilience gaps, lim...

AfDB Re-engages Eritrea With Strategy Focused on Infrastructure, Climate Resilience and Regional Integration
03

Huaxin's $100M Balaka plant localizes clinker production, saving Malawi $50M yearly in f...

Malawi: New $100M Cement Plant Targets Forex Crisis but Faces Energy Reality
04

Nigeria seeks Boeing-Cranfield partnership to build national aircraft MRO centre Project aims t...

Nigeria Pursues Boeing, Cranfield Partnership to Establish Aircraft Maintenance Center
05

Benin says a coup attempt was foiled, crediting an army that “refused to betray its oath.” ...

Benin Government Says Attempted Coup Against President Talon Has Been Foiled
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.