The United States has dropped Burkina Faso from its AGOA trade preference program citing deep concerns over "unconstitutional change" in government in the West African country, the U.S. Trade Representative’s (USTR) office said on Sunday.
The United States will exclude Burkina Faso from the trade agreement linking the world’s leading power to African countries, the White House announced Wednesday, November 2.
The local dairy industry has come under increasing pressure since Burkina Faso and its neighbors opened their markets to Europe under a series of trade agreements that stretch back almost two decades.
In Burkina Faso, many businessmen are concerned about the challenges of implementing the African Continental Free Trade Area (AfCFTA), a vast space of more than a billion people.
Both ENDS sent a letter, signed by various civil society organisations, to the Dutch Minister of Aid & Trade to urge her to terminate the Bilateral Investment Treaty (BIT) that exists between the Netherlands and Burkina Faso.
This surge in the ratification of “Intra-African” BITs is part of the Moroccan “South-South Partnership” strategy
What do we call it when Ottawa signs a deal with an unelected regime that would prevent any future elected government in a small African nation from changing its laws regulating Canadian-owned mines for almost two decades?
Farmers in West Africa fear being overwhelmed by industrial and agrarian products from EU countries under the ECOWAS-EU Economic Partnership Agreement.
Both Bilateral Investment Treaties aim to protect investors’ interests from the countries involved, and open up more business and investment opportunities.
Canadian Trade Minister Ed Fast said he will continue to lobby South African leaders about the benefits of bilateral investment treaties, despite their rejection of the idea. Canada signed a BIT with Burkina Faso this month and Fast announced this week that Madagascar is moving toward a similar deal with Canada.
The Ghana Trade and Livelihoods Coalition (GTLC) has appealed to the governments of Ghana and Burkina Faso to facilitate an unconditional implementation of the protocol on the free movement of persons, goods and services within the West African sub-region.