You are currently viewing US Backs Okonjo-Iweala to Lead WTO
Share this story

President Joe Biden’s administration on Friday offered its “strong support” to Nigeria’s Ngozi Okonjo-Iweala to lead the World Trade Organisation.

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

The US Trade Representative in a statement cited her “wealth of knowledge in economics and international diplomacy” and said she had “proven experience managing a large international organization.”

The PUNCH had reported early Friday that South Korean Trade Minister Yoo Myung-hee, Okonjo-Iweala’s sole opponent in the race for the top job, withdrew her bid to lead the WTO leaving the former Nigerian Finance Minister as the only remaining candidate for the job.

Yoo was said made the decision after discussions with the United States and other major nations, and took various issues into account “comprehensively” including the need to revitalize the multilateral organization, according to a statement from Korea’s trade ministry on Friday.

All along the selection process which started mid last year, the 66-year-old former minister had said she remained positive of becoming the first African and first female director-general in the 25-year history of the WTO despite ‘hiccups’.

Advertisements

Okonjo-Iweala serves on Twitter’s board of directors, as chair of the GAVI vaccine alliance as well as a special envoy for the World Health Organisation’s COVID-19 fight.

Punch

Advertisements

Do you have an important success story, news, or opinion article to share with with us? Get in touch with us at publisher@thepodiummedia.com or ademolaakinbola@gmail.com Whatsapp +1 317 665 2180

Join our WhatsApp Group to receive news and other valuable information alerts on WhatsApp.


Share this story
Advertisements
jsay-school

Leave a Reply