WTO DG: Okonjo-Iweala remains only candidate as Myung-hee withdraws

Okonjo-Iweala fate of being the DG of WTO is known today

South Korean Trade Minister Yoo Myung-hee withdrew her bid to lead the World Trade Organization, leaving former Nigerian Finance Minister Ngozi Okonjo-Iweala as the only remaining candidate for the job and setting up a key decision by WTO members to approve her appointment. Yoo decided after discussions with the U.S. and other major nations, and took various issues into account including the need to revitalize the multilateral organization, according to a statement from Korea’s trade ministry on Friday. “There was no consensus,” Yoo said. “So we needed enough time for…

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WTO DG: Okonjo-Iweala advances to final round

Okonjo-Iweala fate of being the DG of WTO is known today

Race to World Trade Organization – Director-General, WTO DG enters final round and Okonjo-Iweala made it. World Trade Organization – members selected two final candidates — Nigeria’s Ngozi Okonjo-Iweala and South Korea’s Yoo Myung-hee — to advance to the final round in the race to lead the Geneva-based trade body, according to people familiar with the matter. By advancing two women to the final round of the selection process, the WTO will likely have the first female director-general in its 25-year history. Okonjo-Iweala served two stints as Nigeria’s finance minister…

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WTO DG: Okonjo-Iweala Knows Fate Today

Okonjo-Iweala fate of being the DG of WTO is known today

A former Nigeria’s minister of finance, Dr Ngozi Okonjo-Iweala, will on Tuesday know her fate in a bid to be the 7th director-general of the World Trade Organisation (WTO). Okonjo-Iweala scaled the first phase of the selection process. She is among the five candidates that were chosen from the eight candidates nominated by their respective governments in July. “My vision is of a WTO with purpose, where members coalesce around the capacity of trade to help foster economic growth and sustainable development,” she said in a statement to the Council.…

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