Global News

US finally backs Ngozi Okonjo-Iweala for Next WTO Director

US finally backs Ngozi Okonjo-Iweala for Next WTO Director (Updated: 1 year ago)


The Biden administration on Friday, Feb 5, said the U.S. would support Ngozi Okonjo-Iweala as the next director-general of the World Trade Organization, hours after South Korea’s trade minister stepped out of the race.

The Biden administration’s decision is the last hurdle standing in the way of Ms. Okonjo-Iweala assuming the top job at the WTO, after South Korea’s Yoo Myung-hee pulled out.

Last year, Ms. Okonjo-Iweala was supported by a majority of WTO members, but the Trump administration backed Ms. Yoo, saying she was better qualified.

The office of the U.S. Trade Representative said in a statement Friday: "Dr. Okonjo-Iweala brings a wealth of knowledge in economics and international diplomacy from her 25 years with the World Bank and two terms as Nigerian Finance Minister."

The statement added: "She is widely respected for her effective leadership and has proven experience managing a large international organization with a diverse membership."

The USTR added it "looks forward to working with a new WTO director-general to find paths forward to achieve necessary substantive and procedural reform of the WTO."

Ngozi Okonjo-Iweala is set to be the first woman and the first African to run the Geneva-based trade body.

Add a coment

Sound Sultan
Sound Sultan
DJ Jasz
DJ Jasz
King Perry
King Perry
Medikal
Medikal
Boy Spyce
Boy Spyce
Jaywon
Jaywon
Dremo
Dremo
Yemi Alade
Yemi Alade
Moelogo
Moelogo
Mr Real
Mr Real
Jumabee
Jumabee
Juls
Juls
Cassper...
Cassper...
OmoAkin
OmoAkin
Wale
Wale
Lyta
Lyta
Terry Apala
Terry Apala
Eva Alordiah
Eva Alordiah
Erigga
Erigga
Papisnoop
Papisnoop
Laycon
Laycon
Fizzy Mayur
Fizzy Mayur
Small Doctor
Small Doctor
Dre San
Dre San
Danagog
Danagog
Kizz Daniel
Kizz Daniel
Shatta Wale
Shatta Wale
Seyi Vibez
Seyi Vibez
Lamboginny
Lamboginny
Victony
Victony
Korede Bello
Korede Bello
Zuchu
Zuchu
SkiiBii
SkiiBii
AKA
AKA
Sarz
Sarz
C Blvck
C Blvck
Ruger
Ruger
Sola Allyson
Sola Allyson
Niniola
Niniola
A-Q
A-Q
NAIJAKIT.COM

Trending Posts