BREAKING: Okonjo-Iweala Has Been Appointed As WTO DG

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Ngozi Okonjo-Iweala, the former Minister of Finance, has been appointed as the Director-General of the World Trade Organisation.

Okonjo-Iweala, whose tenure begins March 1, is the first woman and African hold the position.

The WTO stated this a tweet on Monday, saying, “Ngozi Okonjo-Iweala from is appointed as the next WTO Director-General. Dr. Okonjo-Iweala makes history as the first woman and the first African lead the WTO. Her term starts on the 1st of March 2021.

“WTO members took the decision appoint @NOIweala at a special meeting of the General Council, following a selection that included eight candidates from around the world #WTODG.”

The former Minister had, a few days ago, received the backing of the administration of US President Joe Biden for the role.

The US Trade Representative a statement cited her “wealth of knowledge in economics and international diplomacy” and said she had “proven experience managing a large international organization.”

Okonjo-Iweala was challenged by South Korean Trade Minister Yoo Myung-hee who later withdrew from the race for the position.