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SUPPRESSED BY WORLD SUPERPOWERS, ETHIOPIA SHOULD TURN TO BITCOIN
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SUPPRESSED BY WORLD SUPERPOWERS, ETHIOPIA SHOULD TURN TO BITCOIN

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by Virtuse Admin
20. January 2022
SUPPRESSED BY WORLD SUPERPOWERS, ETHIOPIA SHOULD TURN TO BITCOIN

The United States’ recent decision to remove Ethiopia from the African Growth And Opportunity Act (AGOA) trade program is a significant and intentional blow to the Ethiopian people and economy.

The country exported around $3 billion worth of product in 2019 — removal from AGOA will cut out approximately half of Ethiopia’s exports to the U.S., which has been the country’s largest export market. According to a recent article in Foreign Policy, this removal will force over 200,000 people, 80% of whom are young women, to lose their jobs. Those most affected by this particular move made by the U.S. are the Ethiopian people, not the Ethiopian Government.

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