News
Burkina Faso Excluded From African Growth And Opportunity Act (AGOA) By The US
According to the U.S. Trade Representative’s (USTR) office, Burkina Faso has been removed from the AGOA trade preference program due to serious concerns regarding an “unconstitutional shift” in the country’s administration.
Burkina Faso experienced two military coups in 2022 as a result of frustration with the government’s inability to put a stop to an Islamist insurgency.
Despite efforts to increase security made by both the previous and current juntas, Islamist attacks have persisted.
In response to the U.S. decision, the junta’s foreign affairs ministry reaffirmed a November declaration that the timeline for a return to democracy had not changed.
Meanwhile, in a July deal with the West African regional group ECOWAS, Burkina Faso agreed to revert to constitutional governance in 24 months.
AGOA
Sub-Saharan African countries can enter the country duty-free if they fulfill certain standards set forth by the U.S. African Growth and Opportunity Act (AGOA), such as removing obstacles to U.S. trade and investment and moving closer to political pluralism.
Burkina Faso had not complied with the provisions of the AGOA Act, according to the USTR’s office.
To that effect, Burkina Faso would be provided “clear benchmarks” for a road toward restoration to the trade program, and Washington would cooperate with the Burkinabe authorities.
Burkina Faso
One of the world’s poorest nations is Burkina Faso.
One of Africa’s fastest-growing humanitarian catastrophes has been caused there by militants affiliated with al Qaeda and the Islamic State who have slaughtered thousands of civilians.
Nearly 2 million people have been uprooted and are living in improvised camps around the desolate countryside, many of which are run by the United Nations.
In light of this, a senior United Nations representative was forced to leave Burkina Faso just before Christmas, a move that the U.N. strongly disagreed with.
Although the government did not provide an explanation at the time, its foreign minister later charged Barbara Manzi with distorting the country’s security position.
Conclusion
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