BREAKING: US FINALLY ENDORSES OKONJO-IWEALA AS WTO DIRECTOR-GENERAL
The United States of America has finally endorsed Ngozi Okonjo-Iweala, a former Nigerian Finance Minister for the office of the director-general of the World Trade Organisation (WTO).
The development follows the deliberate withdrawal of Yoo Myung-hee, South Korean Trade Minister from the race to head the World Trade Organization (WTO) on Friday, 5th February 2021.
The trade Minister took various issues into consideration, including the need to revitalize the multilateral organization.
The withdrawal of Yoo Myung cleared the path for the Nigerian economist to become the sole candidate, first Woman and African for the position.
Read Also: BREAKING: SOUTH KOREAN MYUNG-HEE DROPS WTO BID, PAVES WAY FOR OKONJO-IWEALA
According to a statement Issued by the office of the US trade representative late on Friday, the Biden-Harris administration is pleased to support the candidacy of Okonjo-Iweala.
"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.”
Recall that Okonjo-Iweala who is also a U.S citizen emerged as the front-runner for the WTO director-general position last year but was opposed by the U.S.
The last minute objection by the U.S. delayed the announcement of Okonjo-Iweala as the consensus candidate to lead the World Trade Organisation.
The Donald Trump-led admininstration had refused to back the former managing director of the World Bank on grounds that she lacked trade experience. A claim Okonjo-Iweala has refuted repeatedly.
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