For failure to meet the requirements of the African Growth and Opportunity Act, AGOA statute, Burkina Faso has been exempted from the AGOA trade by the United States of America.
The West African State of Burkina Faso has been hit with an early economic deterrent just a day into the new year.
According to the U.S. Trade Representatives, the requirement for the AGOA statue majorly focuses on bolstering its trade relationship with Sub-Saharan African countries, and as a result must operate within certain guidelines.