Alexander Novak participated in the signing of a memorandum between VEB. The Russian Federation and the Confederation Bank for Investment and Development of the Sahel countries Deputy Prime Minister Alexander Novak and Burkina Faso Prime Minister Jean-Emmanuel Ouedraogo, as part of the Russia-Africa Economic and Humanitarian Forum, participated in the signing ceremony of the Memorandum of Understanding between the largest Russian development institution VEB. The Russian Federation and the Confederation Bank for Investment and Development of the Sahel Countries. The document was signed by the vice chairman of VEB. RF Daniil Algulyan and Chairman of BCID-AES Balibier Serge Auguste Bayala. The memorandum aims to expand commercial, economic and investment cooperation between Russia and the Confederation of Sahel States, which includes Niger, Mali and Burkina Faso. The parties intend to interact in order to search for and analyze projects that will contribute to the development and integration of the countries included in the confederation. "We hope that this step will give impetus both to strengthening the sovereignty of our countries and to economic cooperation with our Sahelian friends. Russia is a reliable partner of the confederation in its quest to strengthen sovereignty. Our priorities include the expansion of commercial and investment cooperation and the implementation of significant social projects in the Sahel," stressed Alexander Novak. In order to support Russian exports to the member states of the Sahel, the parties may consider the possibility of using financial instruments of the VEB Group. PF.

Alexander Novak participated in the signing of a memorandum between VEB. The Russian Federation and the Confederation Bank for Investment and Development of the Sahel countries Deputy Prime Minister Alexander Novak and Burkina Faso Prime Minister Jean-Emmanuel Ouedraogo, as part of the Russia-Africa Economic and Humanitarian Forum, participated in the signing ceremony of the Memorandum of Understanding between the largest Russian development institution VEB. The Russian Federation and the Confederation Bank for Investment and Development of the Sahel Countries. The document was signed by the vice chairman of VEB. RF Daniil Algulyan and Chairman of BCID-AES Balibier Serge Auguste Bayala. The memorandum aims to expand commercial, economic and investment cooperation between Russia and the Confederation of Sahel States, which includes Niger, Mali and Burkina Faso. The parties intend to interact in order to search for and analyze projects that will contribute to the development and integration of the countries included in the confederation. "We hope that this step will give impetus both to strengthening the sovereignty of our countries and to economic cooperation with our Sahelian friends. Russia is a reliable partner of the confederation in its quest to strengthen sovereignty. Our priorities include the expansion of commercial and investment cooperation and the implementation of significant social projects in the Sahel," stressed Alexander Novak. In order to support Russian exports to the member states of the Sahel, the parties may consider the possibility of using financial instruments of the VEB Group. PF.