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

Five soldiers killed in suicide bombing on military convoy in Borno

At least five Nigerian soldiers were killed on Wednesday...

Minister Doro Hosts Plateau Northern Zone Stakeholders Meeting to Promote Unity, APC Registration

The Minister of Humanitarian Affairs and Poverty Reduction, Dr....

NDIC Seeks Stronger Collaboration with EFCC on Financial System Stability

The Nigeria Deposit Insurance Corporation (NDIC) has called for...

EFCC, NEITI Move to Strengthen Ties Against Extractive Sector Fraud

By Francis WilfredThe Economic and Financial Crimes Commission (EFCC)...

CAN Holds Special Prayer for 177 Abducted Worshippers

By Achadu Gabriel, KadunaThe Christian Association of Nigeria (CAN)...

CAN Holds Special Prayer for 177 Abducted Worshippers in Kaduna

The Christian Association of Nigeria (CAN) in Kajuru Local...

NYSC Member, Others Abducted on Biu–Damaturu Road in Borno

An NYSC corps member and several other travellers have...

Pro-Tinubu Group Launches NIN Registration Initiative in Plateau

A pro-President Bola Ahmed Tinubu support group, Tinubu or...

Minister Doro Hosts Plateau Northern Zone Stakeholders Meeting to Promote Unity, APC Registration

The Minister of Humanitarian Affairs and Poverty Reduction, Dr....

ADSW 2026: How President Tinubu’s focused leadership showcased Nigeria’s wins

By Rep Sir Sam OnuigboTWO things made Nigeria’s attendance...

Related Articles

Popular Categories

spot_imgspot_img