Nigeria’s Candidate, Dr. Ngozi Okonjo-Iweala, is set to emerge as the Director-General of the World Trade Organisation, WTO, unopposed, as her opponent, South Korea’s Candidate, Yoo Myung-hee, is withdrawing from the race soon,
A report by Washington Trade Daily, said that South Korea has decided to withdraw its Candidate from the WTO top job.
Washington Trade Daily, reported that South Korea has informed the United States of America, USA, of its decision to withdraw its Candidate from the race.
“Korea plans to withdraw Trade Minister Yoo from the race for new WTO Director-General, paving the way for Nigeria’s Ngozi Okonjo-Iweala to be the next DG, and the first woman and African in the role”, Washington Trade Daily tweeted on its official handle, @washtradedaily.
Recall, that recently, the WTO General Council Chair, David Walker, announced that the meeting to decide the next WTO Director-General had been postponed, because of the new Covid-19 restrictions in Geneva, and “current events”, which may not be unconnected to the US Presidential election.
Okonjo-Iweala has the support of the majority to become the next Director-General of the WTO.