Tuesday, 9 February 2021

WTO To Finally Confirm Ngozi Okonjo-Iweala As DG Next Week

Former Nigeria’s Minister of Finance, Ngozi Okonjo-Iweala, is set to be appointed as its first female and first African to lead the World Trade Organization next week.

The organisation made this known in a statement titled, ‘WTO General Council to consider appointment of next Director-General’, on its website on Tuesday.

The global trade body announced that it would hold a special meeting of its General Council on February 15 “to consider the appointment of the next WTO director-general”.

“The WTO’s General Council will hold a special meeting on 15 February at 15:00 Geneva time to consider the appointment of the next Director-General. The meeting will take place in virtual format,” the statement added.

This is coming after that US President Joe Biden’s administration on Friday offered its “strong support” to Okonjo-Iweala to lead WTO, clearing a path for her to become the body’s first female and first African leader.

The move marks another sharp split with former president Donald Trump who paralysed the organisation and opposed the candidacy of the former Nigerian finance minister who was backed by many other countries.

The US Trade Representative in a statement earlier on Friday cited Okonjo-Iweala “wealth of knowledge in economics and international diplomacy” and said she had “proven experience managing a large international organisation”.

USTR also noted that South Korea’s trade minister, Yoo Myung-hee – whom the Trump administration supported – had abandoned her bid to head the WTO earlier Friday


Share This

0 comments: