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
(MCB) - The Mauritius Commercial Bank Limited (“MCB”) has successfully granted a strategic financing package to Invictus Investment Company PLC (ADX:...
Burkina Faso restructures public funds into four targeted financing mechanisms New funds aim to streamline spending, improve oversight, and reduce...
Zenith Bank explores East African expansion, holds talks with regulators Denies reports of confirmed Paramount Bank acquisition in...
Cameroon backed $44.9M in BDEAC loans to three private firms Treasury guarantees cover 50% of loans for hotel, plant, logistics projects...
Most Read
01

MTN Innovation Lab hosts Africa HealthTech Export 2025 Bootcamp in Cotonou Event targets s...

Africa HealthTech Bootcamp Opens in Benin With Focus on Regulation and Startup Growth
02

Public Eye claims over 90% of Cerelac samples in Africa contain added sugar, averaging 6 g per por...

Nestlé Faces New Claims of Excess Sugar in African Baby Cereals
03

China says Premier Li Qiang will attend instead of President Xi Jinping The U.S. and Russia also ...

South Africa Loses More Support as Xi Jinping Also Skips the G20 Summit
04

Carlyle is assessing whether it can buy Lukoil’s foreign assets worth about $22 billion. The...

Carlyle Reviews Deal for Lukoil’s $22 Billion Overseas Assets
05

Niger installs 1,031 km of fiber across five national corridors Project aims to connect with Beni...

Niger Completes 1,031 km of Fiber Optic Backbone to Link With Neighbors
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.