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

Middle Belt Forum Raises Concern Over Abductions in Southern Kaduna, Borno

The Middle Belt Forum (MBF) has expressed concern over...

Security Operatives Arrest Eight Suspects in Joint Operations Across Kogi

By Noah Ocheni, LokojaSecurity operatives in Kogi State have...

Ex-Benue governor Suswam joins APC as PDP says he was already expelled

Former Benue State Governor and ex-senator, Gabriel Suswam, has...

Reps Intervene in Tug-of-War Over $1.2bn Gurara II Dam Project

By Oladosu Adebola OluwaseunThe House of Representatives has...

Banditry and Insurgency: Are Nigeria’s Security Responses Sustainable?

By Abu Jemimah LamiNigeria continues to grapple with...

China, Nigeria Celebrate 2026 Chinese New Year, 55 Years of Diplomatic Ties

The Chinese Embassy in Nigeria on Saturday hosted a...

Nigeria–Türkiye Engagement Strengthens Security, Economic Cooperation

By Francis WilfredThe Federal Government has reaffirmed the strategic...

Olukoyede Cautions REDAN against Exposure to Financial Crimes

By Francis WilfredThe Executive Chairman of the Economic and...

Northern CAN Condoles with Victims of Kwara Massacre, Muslim Ummah

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

NDLEA Seizes 7,746 Tonnes of Illicit Drugs, Arrests 339 Suspects in Kogi

By Noah Ocheni, LokojaThe National Drug Law Enforcement Agency...

Insecurity: Kaduna Community Protests Displacement of 18 Villages, Closure of 13 Schools

…As Bandits Resume ThreatsBy Achadu Gabriel, KadunaResidents of Kaso,...

Related Articles

Popular Categories

spot_imgspot_img