US reportedly ‘opposes’ Okonjo-Iweala’s emergence as WTO DG

US reportedly ‘opposes’ Okonjo-Iweala’s emergence as WTO DG

- The Trump administration is reportedly not in support of Nigeria's Okonjo-Iweala in her bid for WTO DG

- US prefers South Korea’s Yoo Myung-hee, according to the report

- Meanwhile, Okonjo-Iweala has received backing from many blocs including the European Union

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As the World Trade Organisation is set to announce a new director-general, the United States of America (USA) is reportedly opposed to the emergence of Nigeria's candidate, Ngozi Okonjo-Iweala.

Nigeria's Iweala has already received the backing of many in Africa and the European Union.

Okonjo-Iweala who is also an American citizen is viewed by President Donald Trump's administration as not committed enough to their interests.

Recall that media giant, Bloomberg had initially reported that the US was leaning towards Yoo Myung-hee the South Korean candidate.

Meanwhile, the heads of delegation of the WTO are to meet by 3pm Nigerian time and decide on the way forward.

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Breaking: Nigerian Okonjo-Iweala set to emerge as WTO DG, Reuters reports

US reportedly ‘opposes’ Okonjo-Iweala’s emergence as WTO DG
The Trump administration has opposed Nigeria's Okonjo-Iweala in her bid for WTO DG. Credit: Sahara Reporters
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Recall that Legit.ng had earlier reported that the former Nigerian finance minister, is set to be appointed the DG of WTO. She will become the first woman and African to seal the top job.

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Legit.ng reported that if confirmed, Iweala, who is a development economist and former deputy managing director of World Bank, would have beaten her close challenger, Yoo Myung-hee of South Korea.

Her victory was secured after she reportedly polled 104 votes from 164 member countries to defeat South Korea’s trade minister at the final stage of the race.

In another big plus for Nigeria, African Development Bank (AfDB) re-elected Dr Akinwunmi Adesina for a second 5-year term as the president of the bank.

The sole candidate for the multilateral lender was re-elected by the bank's board of governors at the AfDB virtual 55th annual meeting in Abidjan, Côte d’Ivoire on Thursday, August 27.

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Okonjo-Iweala gets European Union endorsement ahead of WTO election

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Source: Legit Newspaper

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