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WTO Ratifies Okonjo-Iweala’s Appointment

The World Trade Organization, WTO has confirmed Ngozi Okonjo-Iweala as the first female and the seventh Director-General.

In a tweet on Monday, the Organization disclosed that Okonjo-Iweala makes history as the first woman and the first African to lead the WTO.

However, it was announced that her term as the WTO’s Director-General starts on 1 March 2021, while her period will expire on 31 August 2025, though, it is renewable.

According to the Organization, WTO members decided to appoint Iweala at a special meeting of the General Council, following a selection process that included eight candidates worldwide.

Okonjo-Iweala’s Appointment

Meanwhile, the General Council Chair, David Walker of New Zealand, congratulated Okonjo-Iweala on her appointment as the WTO’s next Director-General and formally welcomed her to the General Council meeting.

Wto Ratifies Okonjo-Iweala'S Appointment
The General Council Chair, David Walker of New Zealand.

Earlier, Okonjo-Iweala had opined that a critical priority for her would be to work with members to quickly address the economic and health consequences brought about by the COVID-19 pandemic.

There was uncertainty before Okonjo-Iweala’s appointment because the United States initially supported South-Korea’s Yoo Myung hee.

However, President Joe Biden-led administration dropped the US objection to Okonjo-Iweala’s appointment following Ms Yoo’s decision to withdraw her candidacy on February 5.

The US government announced that Washington extends its strong support to the candidacy of Dr Okonjo-Iweala.

You will recall that the former Director-General of the Organization, Mr Roberto Azevêdo informed WTO members of his decision to step down from his post and subsequently left office on 31 August.

Source
World Trade Organization, WTO

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