WTO: America finally endorses Okonjo-iweala as DG




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Dr. Ngozi Okonjo-Iweala

The States of America has finally endorsed Ngozi Okonjo-Iweala, a former Nigerian Finance Minister for the of the director-general of the World Trade Organisation (WTO).

The follows the deliberate withdrawal of Yoo Myung-hee, South Korean Trade Minister from the race head the World Trade Organisation (WTO) Friday, February 5, 2021.

The trade minister took various into consideration, including the revitalise the multilateral organisation.

The withdrawal of Yoo Myung cleared the path for the Nigerian economist become the sole candidate, first and African for the .

According to a statement Issued by the of the US trade representative late Friday, the Biden-Harris administration is pleased to support the candidacy of Okonjo-Iweala.

Recall Okonjo-Iweala who is also a U.S citizen emerged as the front-runner for the WTO director-general last year but opposed by the U.S.

The last minute objection by the U.S. delayed the announcement of Okonjo-Iweala as the consensus candidate to lead the World Trade Organisation.

The -led admininstration had refused to back the former managing director of the World Bank grounds she lacked trade experience. A claim Okonjo-Iweala has refuted repeatedly.