Okonjo-Iweala may emerge WTO DG, according to organisation

Okonjo-Iweala may emerge WTO DG, according to organisation

- Ngozi Okonjo-Iweala's official emergence as the WTO DG is just a step close

- A WTO source has disclosed that the economist "had the best chance" of taking the top job

- Earlier, the 66-year-old Nigerian American's emergence was allegedly hindered by the US government over politics of interest

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The official declaration of Nigerian former minister, Ngozi Okonjo-Iweala, as the director-general of the World Trade Organisation (WTO) was reportedly met with an objection from the US on Wednesday, October 28.

But in what appears to be a sigh of relief, the 66-year-old development economist still remains the candidate to take the top job, according to an emerging report and source from the organisation.

It would be recalled that Okojo-Iweala was reported to have been appointed the WTO DG, becoming the first woman and African to seal the top job after beating her close challenger, Yoo Myung-hee of South Korea.

Read also

US reveals why it is against Okonjo-Iweala’s election as WTO DG

Okonjo-Iweala set to emerge WTO DG, according to organisation
Ngozi Okonjo-Iweala's official emergence as the WTO DG is just a step close. Credit: Nigerian Tribune
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She was reported to have polled 104 votes from 164 member countries to defeat South Korea’s trade minister at the final stage of the highly competitive race.

However, the United States of America (USA) was reported to have opposed to the emergence of Nigeria's candidate who has received the backing of many African countries 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 "America interests."

Nevertheless, in a new development after the meeting, WTO spokesperson Keith Rockwell summed up the announcement by General Council Chair Walker, saying Iweala is the woman for the job considering the maximum supports she has amassed so far.

Rockwell said Iweala may be announced as the new WTO DG after "consultation."

“The candidate that had the best chance of attaining a consensus of the membership is Dr Ngozi Okonjo-Iweala of Nigeria. Consultations on the way forward will start immediately.”

Read also

WTO gives update on Okonjo-Iweala's candidacy for DG, reveals who has best chance at getting the job

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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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