Iran, Burkina Faso Ink 8 Cooperation MOUs
The agreements were inked during the two countries’ first joint economic committee meeting which was held in Ouagadougou.
Work and social support, technical and vocational training, employment and entrepreneurship development, pharmaceuticals, energy and mining, environment and natural resources, and science, research, and technology were also among the areas of cooperation underlined in the MOUs.
The first meeting of the Iran-Burkina Faso Joint Economic Committee was attended by an Iranian delegation headed by Iranian Minister of Labor and Social Welfare Solat Mortazavi.
During the meeting, Mortazavi expressed the hope that the signed documents would lead to an increase in the level of economic exchanges between the two countries.
He added that the two sides plan to expand their cooperation in other areas too.
Iran enjoys political relations with 47 out of 54 African countries; a continent with a very large export capacity which is nearly untouched by Iran's exporters. East Africa is the closest region in Africa to Iran and therefore, it is considered a suitable market for Iran's exports after the neighboring countries.
In East Africa, an economic bloc has been formed with participation of six countries of Kenya, Congo, Uganda, Rwanda, Tanzania and Sudan, and entering this market can have many advantages for Iran.
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