(RT) – Burkina Faso has suggested creating a joint bank with Russia to facilitate financial transactions between the two countries and promote trade, the speaker of the Transitional Legislative Assembly, Ousmane Bougouma, said on Wednesday.
“I think that when it comes to strengthening cooperation with Russia in key areas of the economy, it is very important that we explore the possibility of creating a joint bank between Russia and Africa with a branch in Burkina Faso,” he said.
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The establishment of a joint financial institution will pave the way for broader cooperation between Russia and the West African country, the official said, adding that it would be “useful” for mutual trade and investment.