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Wednesday, October 28, 2020

How America Prevented Ngozi Okonjo-Iweala From Being Announced As DG Of WTO


 Nigeria's Ngozi Okonjo-Iweala was slated to be the new Director-General of the World Trade Organization. She will be the first woman, and the first African, to lead the institution. But there was an unexpected glitch in the process.

Update from our earlier post: In a last ditch move, the United States representative at World Trade Organization took to the floor to insist that South Korea’s candidate remained a contender, and that Washington will not recognise Okonjo-Iweala as the consensus candidate for appointment as director-general.

In response to this, the General Counsel has postponed its announcement of the new Director-General until a further meeting, which is scheduled for 9 November; after the US presidential elections.

A panel at the WTO recommended her today for the position.

Today’s announcement that Ngozi Okonjo-Iweala is to be the new director-general of the World Trade Organization would have been a tremendous boost for Africa and lines her up for one of the toughest jobs in the international system.

Our sources in Geneva say that she had won the support from the vast majority of member states, including the EU, Japan and China, but not the United States.

She will have to lead the charge for a revival of multilateralism, in the negotiating chambers of the WTO and for a better deal for developing economies, as well as for the practical matter of how reforming trade and patent rules can allow the distribution of life saving vaccines and therapeutics as the coronavirus pandemic rips across the world on its second wave.

As the first woman and African to head the trade body, Okonjo-Iweala has shattered a couple of ceilings at the same time. She also has a chance to put Africa’s plans to build the world’s biggest free trade area on the top table, pointing to the productive and market opportunities on the continent.

GUYS, WHAT DO YOU THINK?

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Sesugh Robert Shekua

USA Is The World Boss

Olorungbemi Olushola

I prayed no matter what comes her way, surely the Lord will see her through. Being a Nigerian is not a crime and should not be a reason for this hatred, I stand with you in my prayers, go, take what is yours no matter what stands in your way!
1

Chukwudi Chris

China has not answered any question on the Corona Virus and someone is thinking World Trade Organization will not be marred by Trade War? I hope our own Ngozi will win but working for China will cause Trade War with USA. The die is cast. WHO is another war zone.

Obesi Ben Otas

No problem, there turn go come one day.

Rasheed Alao

I have said my own

Oluremi Adekunle Okunlola

That fucking white head is racists I don't like him for anything

Nwanonenyi S. Arinzechukwu

Since the WTO Panel, EU, Japan and China have endorsed her she is as good as the new DG of WTO.

Victor Divine

She is the new DG since china,EU, Japan has given her the mandate
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