NEWS

Okonjo-Iweala Eminently Qualified, Widely Respected For WTO Job


The United States has affirmed support for the candidacy of Nigeria’s former Finance minister, Ngozi Okonjo-Iweala, even as it praised the Korean Trade minister, Yoo Myung-hee for robust campaigns, while the race lasted and her decision to withdraw. 

This was contained in a statement by the Office of United States Trade Representative. It further explained that “The Biden-Harris Administration is pleased to express its strong support for the candidacy of Dr Ngozi Okonjo-Iweala as the next Director General of the WTO. “Dr Okonjo-Iweala brings a wealth of knowledge in economics and international diplomacy from her 25 years with the World Bank and two terms as Nigerian Finance Minister.  
“She is widely respected for her effective leadership and has proven experience managing a large international organization with a diverse membership.”   
The US congregated Minister Yoo for strong showing, describing her as a pathfinder “The Biden-Harris Administration congratulate Minister Yoo Myung-hee on her strong campaign for this position.  
“She is a trailblazer as the Republic of Korea’s first female trade minister and the first candidate from Korea to advance this far in the Director General selection process.  
“The United States respects her decision to withdraw her candidacy from the Director General race to help facilitate a consensus decision at the WTO,” the statement said.  

The the US said it is ready to engage in the next phase of the WTO process for reaching a consensus decision on the WTO Director General.  
“The Biden Administration looks forward to working with a new WTO Director General to find paths forward to achieve necessary substantive and procedural reform of the WTO.” 
The US further said, it is particularly happy that two highly qualified women made history by making it to the final round for consideration for the job. 

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