x

WTO: Okonjo-Iweala reaches final stage

Former Nigeria’s Minister of Finance, Ngozi Okonjo-Iweala, has advanced to the final round in the race to lead the World Trade Organization.

Members of the Geneva-based trade body also selected South Korea’s Yoo Myung-hee.

The final two were selected from a list of five candidates.

The initial pool of eight candidates to replace Roberto Azevedo, who stepped down as WTO director-general in August – a year ahead of schedule, was narrowed down to five last month.

The three eliminated during the second round of “confessionals” – in which all member states confidentially voice their preferences – were Liam Fox of Britain, Mohammed Al-Tuwaijri of Saudi Arabia, and Amina Mohamed of Kenya.

Jesus Saede Kuri of Mexico, Tudor Ulianovschi of Moldova and Abdel-Hamid Mamdouh of Egypt were cut during the first round.

The WTO will likely have the first female director-general in its 25-year history as no woman has ever headed the global trade body.

The official announcement of the two candidates left standing is expected tomorrow (Thursday).

But several sources familiar with the member states’ decision told AFP that “Okonjo-Iweala of Nigeria had made it”, while one source said “Yoo Myung-hee of South Korea had also made the cut”.

Hot this week

Tinubu Commissions 60MW Power Plant, Key Roads and Bridge in Bayelsa

President Bola Ahmed Tinubu has inaugurated a 60-megawatt gas-fired...

New Ring heralds new era for boxing in A’ibom

By Ogenyi Ogenyi,UyoA newl era of success has began...

President Tinubu Commissions New NRS Headquarters in Abuja

By Othuke EvrohPresident Bola Ahmed Tinubu on Tuesday officially...

FIFA Rejects Iran’s Request to Move World Cup Matches from U.S.

FIFA has declined a request from Iran’s football federation...

“She Was My Crush” – Crayon Opens Up on Tiwa Savage’s Influence

Nigerian singer Crayon has shared a personal story from...

Omotola Jalade’s Mother’s Love Hits ₦100 Million, Sets Charity Record

Nigerian actress and filmmaker Omotola Jalade-Ekeinde has reached a...

Carrick’s Key Decisions Questioned as Man United Struggle Against Leeds

Manchester United went into halftime trailing 2–0 against Leeds...

Man United Fans Question Martinez Red Card Decision

Fans of Manchester United have raised concerns over a...

Related Articles

Popular Categories

spot_imgspot_img