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

VeryDarkMan Finally Unveils Girlfriend Amid Rumoured Romance With Jojo of Lele

Popular social media critic VeryDarkMan has officially introduced his...

Global South is reshaping world order and 2026 will mark turning point

By Maya MajueranThe world is undergoing its most profound...

AIG Zone 4 Inspects Burnt Police Mobile Force Base in Makurdi, Orders Probe

By Isaac Kertyo, MakurdiThe Assistant Inspector-General of Police (AIG)...

Armed Herdsmen Launch Attacks On Community in Benue, Residents Flee For Safety

By Isaac Kertyo, MakurdiArmed Herdsmen have reportedly launched...

Court to Decide NUC Recognition Dispute Over Medical, Dental Academics’ Union

By Achadu Gabriel, KadunaThe National Industrial Court of...

2027: Wike boldly tells Followers , Nobody can stop Us from supporting Tinubu’s second term

By Joyce Remi-BabayejuThe FCT Minister, Barr. Nyesom Wike has...

Beyond Rituals: Inside China’s Africa First Diplomacy

By Charles OnunaijuThe tradition of choosing Africa first in...

2026 budget twist: MDAs slip in N3.5tn new projects despite FG freeze

An analysis of the proposed 2026 Appropriation Bill has...

Umahi Tours Lekki Corridor’s 7th Axial Road Project, Praises CHEC’s Progress

By Wilfred FramcisLagos, Nigeria - Minister of Works Senator...

EODU Hails Governor Ododo Over Onu Egume Appointment, Urges Unity and Development

From Noah Ocheni, LokojaThe Egume-Ome Descendants Union (EODU) has...

Related Articles

Popular Categories

spot_imgspot_img