Wed, 24 Apr 2024

 

WTO: 106 countries back Okonjo-Iweala
 
By:
Tue, 27 Oct 2020   ||   Nigeria,
 

 Nigeria’s former finance minister, Ngozi Okonjo-Iweala, has secured the supports of the 27 European Union members in her bid to become the first African and first female director-general of the World Trade Organisation.

The EU member states are France, Germany, Austria, Belgium, Bulgaria, Croatia, Cyprus, Czechia, Denmark, Estonia, Finland, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, and Sweden.

The latest support for Okonjo-Iweala’s candidacy brings the number of countries officially endorsing her to 106 out of the 164 states that comprise the WTO.

The former World Bank director had earlier secured the official support of the 55-member African Union in the contest against her only remaining opponent, Yoo Myung-hee of South Korea.

Okonjo-Iweala had also won the goodwill of a group of Caribbean and Pacific States as well as others from Asia.

 The European Parliament had earlier endorsed Okonjo-Iweala to head the WTO, saying she is well-equipped. The Parliament had subsequently written the EU to support the Nigerian candidate.

When EU member states convened on Monday, they failed to find a consensus around the choice but the EU representatives reconvened and agreed to back Okonjo-Iweala, according to AFP news agency.

The WTO’s consultation process ends today and the new leader is expected to be named in November but an EU official said the EU will publicly announce its support for the 66-year-old economist today, according to AFP.

The final winner between the two women will replace Brazil’s Roberto Azevedo and former director-general of the 25-year-old trade organisation.

The initial group of eight candidates for the WTO’s top post, which has been cut down over two rounds of consultations, had included three Africans – Nigeria, Egypt and Kenya.

The third and final round of consultations seeking to decide on one candidate ends today, with the announcement due in early November.

 

 

Tag(s):
 
 
Back to News