Global News

US finally backs Ngozi Okonjo-Iweala for Next WTO Director

US finally backs Ngozi Okonjo-Iweala for Next WTO Director (Updated: Saturday, 6th February 2021, 11:36 PM)


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

Recent Posts

Illbliss
Illbliss
Mr Eazi
Mr Eazi
Kizz Daniel
Kizz Daniel
Wale
Wale
Broda Shaggi
Broda Shaggi
DJ Kaywise
DJ Kaywise
King Perry
King Perry
AKA
AKA
Waconzy
Waconzy
Akon
Akon
Kranium
Kranium
Rudeboy
Rudeboy
Terry G
Terry G
Stormyzino
Stormyzino
Singah
Singah
Barry Jhay
Barry Jhay
Ayanfe Viral
Ayanfe Viral
Mr P
Mr P
Ijoba...
Ijoba...
Tems
Tems
DJ Lambo
DJ Lambo
Yung Effissy
Yung Effissy
Peruzzi
Peruzzi
May D
May D
Banky W
Banky W
CDQ
CDQ
Ice Prince
Ice Prince
Cassper...
Cassper...
Rayce
Rayce
Jaido P
Jaido P
Johnny Drille
Johnny Drille
Sarkodie
Sarkodie
SuperBalat
SuperBalat
Shatta Wale
Shatta Wale
Juls
Juls
Bisa Kdei
Bisa Kdei
Ceeza Milli
Ceeza Milli
Asake
Asake
Ichaba
Ichaba
Buju
Buju
NAIJAKIT.COM

Trending Posts