Despite U.S. opposition, Okonjo-Iweala in pole position to emerge WTO chief

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The U.S. has insisted on South Korea’s candidate for the WTO position.

Consequently, she was presented as the candidate most likely to gain consensus as DG-WTO over her only remaining opponent and South Korea’s former Minister of Trade, Yoo Myung-hee.During the WTO Head of Delegation meeting, PREMIUM TIMES learnt that although the United States’ representative desperately attempted to capitalise on and fault the outcome of consultations, all other members present were unanimous in their insistence that the rules were transparent and strictly adhered to.

“So, we are looking forward to the confirmation of Dr Ngozi Okonjo-Iweala’s appointment as DG-WTO by WTO Members at the Special General Council Meeting scheduled for 9th, November,” the source said.The Office of the US Trade Representative in a statement in Washington after the meeting stated why the U.S. government is supporting the Korean candidate rather than Mrs Okonjo-Iweala.

The U.S. government said it believes with all these challenges, the WTO is badly in need of major reforms, which could only be achieved with the leadership of someone with real, hands-on experience in the field.Regardless, other members of the group say although they shared the sentiments by the U.S. government about the current difficult environment in WTO, they still believe Mrs Okonjo-Iweala has what it takes, in terms of experience, to lead the organisation as the DG.

With a 25-year career at the World Bank as a development economist, rising to the position of managing director , Mrs Okonjo-Iweala is believed to possess all the requisite experience to steer the affairs of the WTO at this time. She is currently the Chair of the Board of GAVI, the Vaccine Alliance; a member of the Boards of Standard Chartered PLC and Twitter Inc, and was recently appointed as African Union Special Envoy to mobilise International Financial Support in the fight against COVID-19, as well as Special Envoy for the World Health Organization’s Access to COVID-19 Tools Accelerator.All members, except the U.S.

 

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